How much should you have in your emergency fund? Our calculator helps you set a target based on your monthly expenses and the number of months you want to cover.
How to Use
- Enter your monthly expenses — rent, utilities, food, insurance, etc.
- Choose target months — typically 3-6 months of expenses
- Enter current savings to see your progress
- See how much more you need to reach your goal
Common Use Cases
- Financial planning: Set a clear emergency fund target
- Progress tracking: See how close you are to your goal
- Budget motivation: Know exactly how much to save each month
- Risk assessment: Decide if 3, 6, or 12 months is right for you
Frequently Asked Questions
How many months should I save? 3 months is the minimum. 6 months is recommended. Self-employed or single-income households should aim for 9-12 months.
Where should I keep my emergency fund? A high-yield savings account. It should be easily accessible but separate from daily spending.
Try our free Emergency Fund Calculator now.
Try Ghost Image Hub
The Chrome extension that makes managing your Ghost blog images a breeze.
Learn More