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Anonymous
Am i saving too much? I have 1 year+ of salary as my emergency funds and some loose amount in my savings acc. How much is too much savings?
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Nah. My emergency fund is not measured by salary alone. You can try what some people recommended: have 100 K SGD as emergency funds.
Keep the emergency funds liquid, in high interest savings account.
#Not proper financial advice.
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I have 1yr + salary as emergency funds and its because i feel that i'll need to chip in if family needs anything.
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Better to have it and not need it then need it and not have it?
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Ya too much...
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