032: How Much Money Should You Have in Your Emergency Fund?

Broke on a Good Salary: Pay Off Debt & Save More for Professional Women · Oct 22, 2026 · 19m

How much money should you actually have in your emergency fund?

You've probably heard that you need to save three to six months' worth of expenses, but what if that advice doesn't actually make sense for your situation?

In this episode, I'm breaking down what an emergency fund really is, the difference between an emergency and an expected expense, and how to calculate how much you personally need using my ILE framework.

We'll also talk about whether you should focus on building your emergency fund or paying off debt first, so you can start building savings without delaying your debt-free…