Alan Kopit - Three to six months' worth of savings for living expenses...

Three to six months' worth of savings for living expenses is the minimum every household should have, no matter its income. Any less can leave people vulnerable to serious financial woes if they hit unexpected difficulties, like a job loss or medical problem. It's a good habit for all working people to put away a reasonable portion of their take-home pay into some form of liquid savings.

Alan Kopit

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Three to six months' worth of savings for living expenses is the minimum every household should have, no matter its income. Any less can leave people vulnerable to serious financial woes if they hit unexpected difficulties, like a job loss or medical problem. It's a good habit for all working people to put away a reasonable portion of their take-home pay into some form of liquid savings. Alan Kopit
theysaidso.com They Said So®

Related Topics

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Keywords

months' worth savings living expenses minimum household matter income leave people vulnerable financial woes hit unexpected difficulties job loss medical problem good habit working put reasonable portion -home pay form liquid

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