Some emergency expenses may include expensive car repairs, major house repair damages, unexpected medical and dental costs. Expenses that are unexpected that will bring your life back to normal.
Six months of combined living costs would be great but three months worth of expenses saved would give you enough time to positive make moves
10% would be the best amount, but any amount you can afford is good in the long run
Save it in a place where you can get to it easily and quickly. A simple checking account or money market account that comes with a debit card or checkbook will work.
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