I'm single with no kids, but my EF goal is to set aside 6 months gross salary into a high yield savings account. I know that some will set aside 3 or 6 months of living expenses, but 6 months gross was an easier figure to figure out. Right now I have about 1.5 months saved up. The money is for emergencies ONLY. (I.E. loss of job, etc.) I will not use that money for anything else. (I.E. new car, etc.) That money is in a seperate account.
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"On this day, I see clearly." -Alterbridge
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