The Oh Sh*t Fund
Car dies. Job ends. Life happens.
How much cash should be waiting for it?
1 · Your monthly must-pays
Only the stuff you'd still pay if life went sideways.
$
$
$
$
$
$
$
2 · How many months of cushion?
3 is the floor. More if your income is unsteady or others depend on you.
3 · Where you are now
$
$
Your Oh Sh*t Fund target
$0
0% funded
$0monthly must-pays
$0still to go
Where to park it
This money's job is to be safe and easy to reach, not to grow fast. That's why people usually keep it in a high-yield savings account and not in stocks. When you need it, the market might be down.