How Much Should You Keep in Your Emergency Fund?
An emergency fund is an allotted amount of money that you’ve saved for a rainy day. This means if you lose your job or incur a significant one-time expense, you’ll be able to weather the storm and survive financially.
You might think the more you have saved for your emergency fund the better it is. Well there lies the dilemma. Too much saved and you are foregoing the investments you could have made with that money. Not enough money in your emergency fund and you run the risk of running out of money when an emergency arises.
Source: http://www.stockkevin.com/2015/03/how-much-should-you-keep-in-your.html
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