Download Our Emergency Fund Calculator!


Knowing exactly how much money you need to set aside in your emergency fund can be a little complicated, especially if you're new to the world of personal finance. Which expenses should you include in your emergency budget? How many months is enough? And how much do you need to save each month to build your fund from scratch?

Our Emergency Fund Calculator makes knowing how much to save a breeze.

Once you've downloaded this calculator, it should take no more than 5 to 10 minutes for you to fill out. Once you're done, you'll know exactly how much money should be in your emergency fund to give you the financial stability that you want and need.

To use the calculator, all you need to do is plug in your monthly expenses (we list out all of the expenses that you should be sure to account for in your emergency fund). You'll then receive an instant calculation of how much money you'll need to set aside to have an emergency fund that will cover you, whether that is for 3 months, 6 months, 9 months, or a full year. This is broken out by expense, as well as in total, to give you a clear picture of exactly what you are saving for.

In addition to knowing how much money you should have in your emergency fund, you'll also receive a breakdown telling you how much you will need to save each month to hit your goal. Whether you want to build your fund rapidly in one year, slowly over five years, or somewhere in the middle, these numbers will make it easier than ever for you to be successful in hitting your goals.

About Tim Stobierski

Tim Stobierski is the founding editor of Student Debt Warriors. A freelance writer and editor with a passion for teaching people about all things personal finance, his goal is to help parents and students tackle their student loan problems so that they can live happier, healthier lives. Tim's writing has appeared in a number of publications, including The Huffington Post, The Hartford Courant, Grow Magazine, and others. His first book of poetry, "Chronicles of a Bee Whisperer," was published in 2012 by River Otter Press.