Hello fellow MMMs,
I setting up my pre-FIRE emergency fund and have two questions:
1) How much do you set aside? and
2) Where do you park it for easy access?
Some additional info:
I'm single with no kids/house/car/debt and live on $1,000/month in an expensive city.
My plan right now is to set aside:
- $2,000 for emergencies (unexpected medical expense, emergency plane ticket to see a sick family member, etc.)
- $8,000 so I could live without income for eight months
Thank you for your advice,
Exhale