To determine an emergency fund target amount, individuals should review their budget, focus on bare-bones essentials while excluding discretionary spending, and calculate the total needed for six to twelve months.

Authors

• Person: Gina Coletti Organization: Nixon Peabody Trust Company
  How to build and maintain an emergency fund

Sources

• How to build and maintain an emergency fund www.nixonpeabodytrustcompany.com Gina Coletti · Nixon Peabody Trust Company via serper

Referenced by nodes (1)

• emergency fund concept