Free Financial Tool
Emergency Fund Calculator
Enter your actual monthly expenses to find out exactly how much you need in your emergency fund — and how close you already are.
Monthly Essential Expenses
The minimum amount you must pay each month — not what you currently pay extra.
Coverage Goal
3 months: good starting point for stable, dual-income households. 6 months: recommended for most people. 9 months: best for freelancers, variable income, or single-income households.
Your employment situation affects how much cushion you need. Freelancers and single-income households generally need more runway.
How to use this calculator
Enter your essential monthly expenses — only the costs that would continue if you lost your income (housing, food, utilities, insurance, minimum debt payments). Choose how many months of coverage you want: 3 months is the common starting goal, 6 months is the standard recommendation, and 9 months is smart for anyone with variable income or a single household income. If you've already started saving, enter your current savings amount to see your progress toward the goal.
Free Download: Beginner's Money Checklist
A step-by-step checklist for getting your financial foundation right — including your emergency fund, budget, and first investments.