How much should a 19 year old Poly student save as emergency funds during this time, before NS & Uni?

Hey Alcander! Thanks for asking :)

I would say a safe number would be 6 months worth of your monthly commited expenses.

What that means are:

• Transport

• Food & Breverage

• Utilities

• Rental (if you have)

For you since you are 19 years old, it would probably be around $600 x 6 = $3,600 worth of emergency funds (a rough estimate)

For me, when I was at your age, I only had about $5,000 or less in my savings (and probably not even aware of my savings emergency funds, so good on you!)

I focused more on my cashflow, from my NS salary and savings rate %.