This may seem a silly question but when it comes to an emergency fund, is this based on 3-6 months of just your half of the bills (both myself & my husband work - equally pay the bills) or is this based on total bills as this would be a big financial difference?
We aim to always have 3-6 months of our total combined essential expenses in emergency savings. If you find a savings account with a decent rate of interest then you're far better off having all the money together as you'll earn more in interest that way.
Whoohoo! You are a Taylor Swift and Travis Kelce fan! I knew i liked you! 🤣❤
Yes I love them! Gutted I've not got tickets, but woah they were pricey! Maybe next time xx
Great advice as always Vicky! Thank you!
You are so welcome! Really glad it was useful ❤️
100% agree. Good vid. X
Thanks so much for watching. Glad you found it useful.
@@TheMummyBubble 👍❤️
Hi there, hope all is well. Very interesting topic. I agree . Must say I am new here
Thanks so much for watching, great to have you here!
This may seem a silly question but when it comes to an emergency fund, is this based on 3-6 months of just your half of the bills (both myself & my husband work - equally pay the bills) or is this based on total bills as this would be a big financial difference?
You save your half, he saves his half. That way you collectively have enough.
We aim to always have 3-6 months of our total combined essential expenses in emergency savings. If you find a savings account with a decent rate of interest then you're far better off having all the money together as you'll earn more in interest that way.