Build a 3–6 Month Emergency Fund
26 weeks · 0 milestones
Save 3–6 months of living expenses in a dedicated account, tracked and documented from zero to target balance.
Milestone map
Milestone map
3 milestones
Calculate your 3-month minimum emergency fund target by listing all essential monthly expenses (rent/mortgage, utilities, food, transport, insurance, minimum debt payments) and multiplying by three. Open a dedicated savings account separate from everyday spending to eliminate accidental drawdown. Set up an automated monthly transfer on the day after your main income arrives — automation removes the decision and eliminates the most common failure mode.
Proof required
Screenshot of your completed expense calculation showing itemised monthly essentials and the resulting 3-month target, plus confirmation of the dedicated savings account opened and automated transfer set up.
What gets checked
- Target calculation shows itemised monthly essentials and the 3-month total
- Dedicated account opened and documented, separate from spending account
- Automated monthly transfer confirmed active