An emergency fund: how much is enough?

An emergency fund is money set aside for surprises — a medical bill, a repair, or a gap between jobs.

A common rule of thumb

Many planners suggest three to six months of essential expenses. Freelancers or single-income households often aim higher.

Keep it reachable

The point is access, not returns: a savings account or a liquid fund you can withdraw from in a day works better than long lock-ins.

Build it in steps

Start with one month's expenses, then add a little each month. General information only.