Emergency Fund

I come across a blog comment which mentions that there is one person who indicates that he/she accumulates 84 months of expenses for his/her emergency fund. Most of the bloggers and readers come to the general “common” understanding that the emergency fund should include six to 24 months of expenses or remuneration. In my opinion, I feel that it is up to the individual’s preference to set his/her emergency stash to his/her preference. There is no right or wrong answer to the month of expense. I feel that it is up to the individual’s comfort level.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

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