Emergency Fund Calculator
Calculate how much you should hold in an emergency fund based on essential monthly expenses and your savings target in months.
Calculator
What this means
An emergency fund covers unexpected costs such as job loss, car repairs or urgent bills. Many advisers recommend saving 3–6 months of essential expenses.
Frequently asked questions
3 months is a minimum cushion for many people. 6 months is often recommended if your income is variable or you have dependants.
Include rent or mortgage, utilities, food, transport, insurance and minimum debt payments. Exclude discretionary spending.
Keep it in an easy-access savings account separate from everyday spending so it is available when needed.
Disclaimer
This calculator provides estimates for guidance only. It is not financial, legal or tax advice. Always check official sources or speak to a qualified professional before making decisions.
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