Emergency Fund Calculator
A common rule of thumb is three to six months of essential expenses. Add up your must-pay bills, enter what you already have saved and what you can add each month.
Quick tips
- Keep the fund somewhere separate and easy to reach, such as a high-yield savings account.
- Automate a transfer on payday.
- Refill it after you use it. That's what it's for.
Go deeper
This tool goes with Money: Master of Your Own Domain by Oliver Mark.
Money: Master of Your Own Domainabout 2 hr 30 min
Personal finance · about 146 pages · by Oliver Mark
One practical roadmap for budgeting, debt, investing, insurance and life's big changes.
📚 Read free with Kindle Unlimited (Kindle edition)
More free tools: all calculators · 30-day kids' savings challenge · free lesson plans
For general education only, not personalized financial, tax, legal or investment advice. Numbers are estimates based on what you enter. The Money series is written by Oliver Mark, a former licensed stockbroker (Series 7 and 63).