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How much should i save?
mikeyboy
Posts: 287 Forumite
Hello,
What is the recommended amount of savings that I should aim to keep to one side, for emergencies. I have heard people say 3 months outgoings in an iinstant access savings account is best?
Any views?
What is the recommended amount of savings that I should aim to keep to one side, for emergencies. I have heard people say 3 months outgoings in an iinstant access savings account is best?
Any views?
0
Comments
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I think it depends on individual circumstances and your level of outgoings etc.
Personally I have 3 month's cash put to one side which is available in an instant access account.
I would work out the amounts you need to survive on for 3 months as a bare minimum to put to one side.0
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