Emergency Fund Calculator
Calculate an emergency fund target from monthly essential expenses.
Emergency fund target
£12,000.00
v1.0 · Reviewed September 2026
How this is worked out
Essential monthly expenses × the number of months of cover you want.
Worked example
- Essential expenses £2,000 a month
- 6 months of cover
2,000 × 6
£12,000.00
Assumptions and limits
- Use essential spending only: housing, utilities, food, transport, insurance and minimum debt payments, not discretionary spending.
- Three to six months is a common guide. Irregular income or a sole earner household usually warrants more.