Emergency fund calculator
How much you need for the unexpected and how many months it will take.
An estimate based on the figures you enter; not financial advice.
Bring these numbers into your everyday life
MonVault lets you set up your emergency fund as a goal, watch it grow and know each day how much you can spend without touching it.
Why 3 to 9 months?
An emergency fund covers your essential costs (housing, food, utilities, transport) if your income stops or a big expense lands. The less predictable your income, the bigger the cushion you need.
Keep it apart from your everyday account, somewhere risk-free that you can access instantly, such as an easy-access savings account. It is not money to invest in the stock market.
📖 Learn more: Emergency fund: how much you need and where to keep it
Frequently asked questions
Which expenses count as essential?
The ones you would keep paying even after cutting everything else: rent or mortgage, utilities, food, transport, insurance and minimum debt payments. Leave out leisure, travel and treats.
Should I build the fund or pay off debt first?
The usual approach is a mini cushion first (one month of expenses), then tackle expensive debt such as credit cards, then complete the fund. Without that mini cushion, the first surprise goes straight back on the card.
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