Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 66
How Much Do I Need in My Walkaway Fund? Wait … What's a Walkaway Fund?
ОглавлениеDasha Kennedy urges all people, especially women, going into a relationship to have a walkaway fund saved in a bank account that only they have access to. For her, that means. “If I needed to pick up tomorrow and walk away, I have what I need for housing, basic necessities, and day-to-day expenses. That's a fund I will always keep.”
Dasha recommends having six months of expenses set aside for anything you'd spend if you were to walk away. And it makes sense if you think about how long it can take for things to get sorted out in a divorce, including assets to be distributed or alimony to be paid. You don't want to be waiting and putting things on credit cards or, worse, staying in a situation that's unhealthy or even harmful because of money. 99% of cases involving domestic violence include some form of financial abuse.1 The walkaway fund could be your biggest form of financial activism yet.
Note: This can overlap with your rainy-day fund, as long as only you have access to it.
How much money would you like in your walkaway fund?
# of Months | × | Monthly Spend | = | Walkaway Fund |
---|---|---|---|---|
Example: 6 months | × | $3,000 | = | $18,000 |
× | = |