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Planning Your Emergency Fund

December 12, 2012 2 Comments


wealthymatters.com

The graph above shows the value of an individual’s emergency fund expressed in the number of weeks worth of expenses vs. the percentage likelihood of having an emergency  that would wipe it out.  It starts at 100% with no emergency fund and works down to about 3% at 52 weeks worth of expenses in reserve. Read more of this post

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Filed under Entrepreneurship, Paper Assets, Theory, Tool Kit Tagged with emergency fund, how to decide the size of your emergency fund?, planning for emergencies, postaday, size of emergency fund

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