How much cash or in savings account you would usually have in case of any emergency or unexpected events like fired or others? Edited: I mean the liquidated cash you save at home or money in bank account you can withdraw instantly not any assets or 401k or other saving plans.
My salary * 6 months
How much is your salary? Are you in Bay Area
NYC
One year of expenses, including mortgage payments and COBRA premiums.
Wow ... that’s a lot of money to be liquid!!! Isn’t too much?
That’s potentially a lot of $$$. Where do you keep it, savings?
Like nothing
6 months salary
A healthy kidney!
LOL
1 year of salary or more
In expenses 4 years or more
6 months expenses
Salary != expenses, have 6 months or more in expenses saved which is less than 6 months of salary (hopefully if you’re posting here)
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4 months expenses