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Reply to "how much (how many months) should be in your emergency acct if you have stable income?"
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[quote=Anonymous]Remember that emergencies come in many forms - they are not just job loss. They are sickness, death, acts of mother nature, etc. Your job may be stable but if a hurricane comes in and destroys your home and you need a place to stay for a year until it's fixed and insurance pays out, then you need more than 2 months' of expenses. Or if a breadwinner suddenly becomes disabled or dies, you will likely need more than what you have saved so far.[/quote]
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