The emergency fund ratio: How much should you save for a rainy day?
How much money should you keep ready for emergencies?© Francesco Milanese/stock.adobe.com, © goku4501/stock.adobe.com, © zendograph/stock.adobe.com, © nata777_7/stock.adobe.com; Photo illustration Encyclopædia Britannica, IncBuild an emergency fund, they say. It’s one of the basic bits of personal finance advice almost every expert offers. But how much do you need in your emergency fund? As with all things personal finance, how much...