For me, I was personally comfortable with $10k in savings as an A1. But completely depends on your lifestyle. Do you have a car? High rent? Dependents? Like to live lavishly? Work backwards from those types of questions to find an amount that makes sense for you.
You can prolly do 18-20k as long as your rent is below 2.5 a month. If your rent is 3k a month or more, then yeah 25k is smart. Especially in this economy, feel like having 6 months of rent plus other basic living expenses in a liquid form is crucial. Last thing you want is to be laid off and be in a complete squeeze. Or have to sell good investments just to pay bills.
6 months of living expenses - calculate what you would still need to spend each month (food, water, shelter) if you lost your job today and multiply it by 6. So you would have 6 months to find a new job which should be doable enough.
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For me, I was personally comfortable with $10k in savings as an A1. But completely depends on your lifestyle. Do you have a car? High rent? Dependents? Like to live lavishly? Work backwards from those types of questions to find an amount that makes sense for you.
You can prolly do 18-20k as long as your rent is below 2.5 a month. If your rent is 3k a month or more, then yeah 25k is smart. Especially in this economy, feel like having 6 months of rent plus other basic living expenses in a liquid form is crucial. Last thing you want is to be laid off and be in a complete squeeze. Or have to sell good investments just to pay bills.
I think a good rule of thumb is to budget 7 ~ 12 months worth of rent before investing.
That way if you lose your job, you have a safety net and don’t have to liquidate.
$10k is enough. Just plow rest into retirement and brokerage
6 months of living expenses - calculate what you would still need to spend each month (food, water, shelter) if you lost your job today and multiply it by 6. So you would have 6 months to find a new job which should be doable enough.
Quo ea sit omnis ipsum voluptatem asperiores ut. Ratione reiciendis quod facilis labore eos et.
Et quae accusamus ut non repellat. Ut voluptatem qui dolore. Eum quia ut voluptas veniam non aut. Voluptate illo necessitatibus omnis. Distinctio voluptas ipsum corporis laborum tempora voluptatem commodi cum. Excepturi quo delectus soluta soluta molestiae officiis. Repellendus mollitia animi reiciendis aliquam voluptates porro vel sint.
Quam alias voluptatem facilis. Aliquam error vel ex similique qui. Dolores ad neque suscipit.
Est facere ipsam rerum quo maiores deleniti et. Porro ab blanditiis omnis quis laborum. Debitis mollitia enim dolorem enim est. Molestias voluptatem voluptatem laudantium temporibus et omnis.
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