Advertisement

Alex Ng

Edited 07 Aug 2021

∙

How much can i set aside for emergency fund? appreciate your replies 🥺🤝🤝

Hi if i’m left with $550 and i wna buy an earbuds which cost $79.80 and still have to set aside cash for the remainder of the month, how much can i set aside for emergency fund? appreciate your replies 🥺🤝🤝

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Ryan

07 Aug 2021

Is earbud a need or a want? How much percentage of incomes has been spent on wants per month?

Typically people keep 6 to 12 months of expenses, not income, as emergency funds.

Do note that you still need to indulge in wants as life is not about keeping a lot of money. But if you cannot afford or always spend a lot on wants, it's a different story.

Reply

Save

View 1 replies

Write your thoughts

Related Posts

Quick survey: How much do you set aside for your emergency fund (including discretionary spending)?

How much should you set aside as an emergency fund when starting a company?

After setting aside emergency funds(DBS Multipler/uob one ect) how much investment returns can one expect by passively investing in singapore REITs or Blue chips shares?

30yo, i've set aside 20k in FD for emergency funds. Is this amount too big? I don't have kids, don't have high expenses. Am wondering if this amount is too much?

I already have my emergency funds settled. Should i continue saving aggressively? How much % of my salary should i set aside for savings/investments/insurance etc.

Related Posts

Quick survey: How much do you set aside for your emergency fund (including discretionary spending)?

How much should you set aside as an emergency fund when starting a company?

After setting aside emergency funds(DBS Multipler/uob one ect) how much investment returns can one expect by passively investing in singapore REITs or Blue chips shares?

30yo, i've set aside 20k in FD for emergency funds. Is this amount too big? I don't have kids, don't have high expenses. Am wondering if this amount is too much?

I already have my emergency funds settled. Should i continue saving aggressively? How much % of my salary should i set aside for savings/investments/insurance etc.

Advertisement