"establish an emergency fund equal to 9-12 months of your salary." i seriously can't comprehend how this is possible.
Posted by
kare (aka kare)
Jan 30 '09, 11:02
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i mean, i know it's *possible* but i can't comprehend how it is *personally* possible.
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Responses:
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Dave Ramsey (Financial Peace University and multiple books) says 3-6 months.
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Trish
Jan 30, 11:10
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crazy talk. -- nm
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Andie
Jan 30, 11:08
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I'm just under two months and aiming for four. Beyond that, you are better to save that money thru accessible investments that can be borrowed...
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Name Withheld By Request
Jan 30, 11:07
1
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That's on the high end of what I've heard/read. I'm going to aim for 8 months of living expenses. -- nm
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Chicken Little
Jan 30, 11:05
1
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word. -- nm
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loosilu
Jan 30, 11:05
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*gets fired/ salary is zero/ done!* -- nm
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dogbert183
Jan 30, 11:04
1
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yeesh, I am so far away from that goal, it's not even funny. -- nm
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znufrii
Jan 30, 11:04
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Post your expenses and income here. I can make the tough choices for you :) -- nm
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oblique, eighth best slackertalker
Jan 30, 11:03
1
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yeah, that would be alot of coin to set aside -- nm
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Beaker
Jan 30, 11:03
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yo -- (link)
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pigby
Jan 30, 11:03
3
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