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How much money should i have in savings?
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6th Dec 2009 by cocacolabuffet
Typically, at the very least, one should have in his saving an emergency fund that is equivalent to 6 months of living expenses should he be unemployed. In addition, depending on his personal situation, one should have a fraction of his income saved periodically for investment purposes (e.g. buying a house).
Typically, at the very least, one should have in his saving an emergency fund that is equivalent to 6 months of living expenses should he be unemployed. In addition, depending on his personal situation, one should have a fraction of his income saved periodically for investment purposes (e.g. buying a house).
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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
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6th Nov 2009 In Investing
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Subjects: savings,