Emergency fund calculator

Work out an emergency fund target from your essential monthly costs, and how long it will take to save.

Rent or mortgage ($/month)Groceries ($/month)Utilities and phone ($/month)Transport ($/month)Insurance and other essentials ($/month)Months to coverAlready saved ($)You can save per week ($)

Count only essentials, not dining out or subscriptions. Not financial advice.

How this calculator works

Target = essential monthly costs × months of cover. Three to six months is the range most often suggested, but the right number depends on how secure your income is.

Worked example: $4,150 of essentials × 3 months = $12,450. With $2,000 already saved and $150 a week going in, it takes 70 weeks.

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