Emergency Fund Calculator — how much to keep aside
Enter what you must spend each month, how many months you want covered and what you have. See your target, the gap, and how long it takes to fill.
How much is covered
- Saved₹50,00021%
- Still to save₹1,90,00079%
How it is calculated
An emergency fund pays for essentials — rent, EMIs, groceries, bills, insurance — if income stops or a big expense lands. Count only what you cannot skip.
Six months is the usual advice. Keep more if your income is irregular or one person earns for the family, and less if two stable incomes back each other.
Target = monthly essentials × months to cover Months to fill = (target − saved) ÷ monthly saving
Questions
How many months should an emergency fund cover?
Three to six months for a stable salaried job, six to twelve for freelancers, business owners or single-income families.
Where should I keep my emergency fund?
Somewhere safe and quick to reach: a savings account, a sweep-in FD or a liquid fund. Not in stocks, which can be down when you need the money.
Should I invest or build the emergency fund first?
Build at least a small fund first, so an emergency does not force you to sell investments or borrow on a credit card.
Can Spendly keep my emergency fund separate?
Yes. Put money aside as a reserve: it stays in your bank but stops counting as money you can spend, so Safe to Spend never offers it.