Emergency Fund Builder
Build a safety net of 3-6 months of expenses for life's unexpected moments.
Your Numbers
Rent, utilities, food, transport, etc.
How many months of expenses to cover
How much you've saved so far
How much you can save each month
Tip: Keep your emergency fund in a savings account that's easy to access but separate from your daily spending account.
10%
of goal
Target
$480,000.00
6 months of expenses
Still Needed
$430,000.00
Estimated Completion
August 2029
43 months from now
Current
$50,000.00
Progress
10%
Monthly
$10,000.00
Progress Tracker
25%
$120,000.00
50%
$240,000.00
75%
$360,000.00
100%
$480,000.00
Where to Keep Emergency Funds
- 1.High-yield savings account - Easy access, earns some interest
- 2.Credit union account - Often better rates than regular banks
- 3.Money market fund - Slightly higher returns, still liquid
Avoid: Stocks, long-term investments, or accounts with withdrawal penalties
For information only. These calculations are estimates and may differ from actual loan terms, fees, or rates. Always confirm with your financial institution before making decisions.