Anonymous
How much should your emergency funds be?
Is there a certain percentage of your funds that you should set aside to be considered emergency funds? If yes, what is this magic percentage?
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Pang Zhe Liang
09 Mar 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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Typcially around 6 months of your monthly expenses to tide you over an 'emergency' period before being able to receive a regular income stream from your salary again.
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Rais M
09 Mar 2020
Accountant at SME
There are various suggestions on emergency funds. The most common being 3 to 6 months worth of your ...
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