How Much Do You Need in Your Savings Account?
https://blog.foodinsurance.com/how-much-do-you-need-in-your-savings-account/
So you have a savings account, now what? How much money do you need to put in there? Financial experts talk about having an emergency fund, but what does that really mean?
An emergency fund is not your savings for a car, house, or other large purchases. Savings for a downpayment on a home should be in addition to your emergency fund. The emergency fund is there for a rainy day (car breaking down, expected medical expenses, etc.) and not for a weekend trip to Las Vegas.
During a disaster or a job loss, your emergency fund will allow you to ... ---CONTINUED---