How much money do you really need in your emergency fund?

Financial planners will usually tell you to have three to six months of quick-access cash for an emergency fund.

Have you ever asked yourself which is it? Three, four, five, or six months?

Unless you have a financial advisor you are often left guessing.

If you want a more accurate number backed up by science and data, take a few minutes to use HelloWallet’s free online emergency fund calculator. By using the calculator, you won’t be guessing anymore.

To use this free online calculator, you will need to have a monthly budget written down. Your budget can be used to enter in your monthly expenses and take home income.

Try the HelloWallet Emergency Savings Calculator

Please leave a comment below letting me know what you think about it.

Emergency fund calculator

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