If your monthly expenses total $2,000, you should save at least _______ in an emergency fund before focusing on your investment program.

Name: If your monthly expenses total $2,000, you should save at least _______ in an emergency fund before focusing on your investment program.
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Question

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Financial experts typically recommend having an emergency fund that covers 3 to 6 months of expenses. For $2,000 monthly expenses, this would be $6,000 to $12,000. $6,000 is the minimum in this range.

If Your Monthly Expenses Total $2,000, You Should Save at Least