Find out exactly how much you need in your emergency fund — and how long it will take to get there.
Frequently Asked Questions
How many months of expenses should my emergency fund cover?
3 months is the minimum. 6 months is the standard recommendation. If you have dependants, variable income, or work in a difficult job market, aim for 9–12 months. This calculator sets your target based on your personal situation.
Where should I keep my emergency fund?
In a high-yield savings account — not invested in stocks. It must be instantly accessible without risk of loss. In South Africa, a 32-day notice account or money market fund is a good option. In the UK, an easy-access Cash ISA keeps it tax-free.