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

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Anonymous

18 Apr 2019

Saving Hacks

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

Trying to get a gauge here.

I'm a fresh grad with around $15,000 savings currently, earning $2k/mth. I spend around $900-$1100 per mth, excluding holidays.

Was initially aiming to grow my emergency fund to $25,000 (kept in SSB & DBS Multiplier). Not sure if this emergency fund target is a bit too kiasu for my age? I.e. I'm better off investing a larger portion, instead of prioritising this savings goal.

Don't expect any big ticket expenses coming up, except maybe 1 x $2k holiday each year.

Discussion (1)

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Usuallu set aside 6 months’ worth of salary so in this case $12k

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