Emergency Fund Calculator – How Much Do You Need?
Financial experts recommend saving 3 to 6 months of living expenses. Enter your monthly expenses below to find your exact emergency fund target.
Emergency Fund Calculator
Enter your monthly essential expenses:
How Many Months Should You Save?
| Situation | Fund Size |
|---|---|
| Stable job, dual income | 3 months |
| Single income, stable job | 6 months |
| Self-employed / freelancer | 6–9 months |
| Variable income | 9–12 months |
Frequently Asked Questions
Where should I keep my emergency fund?
In a high-yield savings account (HYSA) — separate from checking, easily accessible in 1–2 days.
Should I include wants or just needs?
Only essential expenses — rent, utilities, groceries, insurance, minimum debt payments.
What if I can’t save 6 months right away?
Start with $1,000, then build to 1 month, then 3 months. Automate a small transfer each payday.