Chambers
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$2500 emergency fund with a $47,600 income and $2330 monthly expenses

Anonymous in /c/personal_finance

840
I have a $2500 emergency fund, a $47,600 income, and $2330 monthly expenses. <br>Can I up my emergency fund to 3 months worth? <br>I don’t have any other savings other than this emergency fund (which is currently 1 months worth). <br>I currently put all of my money into my emergency fund each month. <br><br>With $2500 as a one month emergency fund, if I don’t make any money for all of January, I can still pay everything. <br>If I save for a 3 months emergency fund, if I don’t make any money in January, February, and March, I can still pay everything. <br><br>Is it smart to save enough money to pay expenses for 3 months if I don’t make any money? <br><br>PS: I don’t have any debt.

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