Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 64

The typical recommendation is to have three to six months of expenses saved for an emergency. The idea is that if you lose your job, you have some time to find a new one or if someone in your family gets sick, you can take time off to take care of them.

Think through a couple of emergency situations – fun, I know. How many months of living expenses would you like to have covered? Depending on your specific job and industry, it might take more or less time for you to find a new role if you lost your job. It's also important to take your health insurance coverage into account. If something happened, what is the maximum you'd have to pay out of pocket? If you aren't sure, don't fret. We talk about this in detail in Chapter 10.

Instead of using your typical spending to calculate your rainy-day fund, you might decide to only cover your necessities like bills and some food. Multiply the number of months by your estimated monthly spending. You might decide that at a minimum you'd like three months saved but ideally you'd like to have six months saved. You can break that into two separate goals.

How much do you want in your rainy-day fund?

# of Months	×	Monthly Spend	=	Rainy-Day Fund
Example: 3 months	×	$3,000	=	$9,000
	×		=