John Pelletier advises maintaining an emergency fund equal to 3-6 months of essential living expenses to mitigate the impact of crises like job loss or medical emergencies.

Authors

• Person: Not available Organization: Champlain College
  Financial Rules of Thumb: Your Money Management Cheat Sheet

Sources

• Financial Rules of Thumb: Your Money Management Cheat Sheet www.champlain.edu Champlain College via serper

Referenced by nodes (1)

• emergency fund concept