How big should your safety net be?

Set a target from your essential monthly expenses, see how far your current savings go, and get a monthly plan to close the gap.

Your numbers

$
Housing, food, transport, insurance, minimum debt payments — the must-pays, not the nice-to-haves.
Coverage target
3 months is the minimum most advisors suggest; 6 covers a typical job search; freelancers often aim for 9–12.
$
mo
Your emergency fund target
$24,000
6 months of essentials
—
Fund target$0
Saved so far$0
Gap to close$0
Save per month$0
Current coverage
0 mo
Savings timeline
12 mo
Funded date
—

Method: target = monthly essentials × coverage months; gap = target − current savings; monthly plan = gap ÷ timeline. Keep it in an accessible savings account, not invested. This is a planning estimate, not financial advice.

📖  Learn more: Why your paycheck is smaller than your salary — read the guide