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How sufficient fund for emergency task should be
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[QUOTE="Suba, post: 332907, member: 3658"] In my opinion, emergency funds would be better if prepared from a productive age or as early as possible. Apart from investment and insurance, emergency funds are also very necessary to maintain personal financial stability. So basically everyone really needs to understand and learn how to determine the amount of emergency funds. How to Calculate Emergency Funds To calculate emergency funds is very easy and simple, we only need to collect expenditure data for at least three months and calculate the average monthly expenditure. Emergency Fund Target Next we need to determine the amount of emergency funds we need multiplied by the average monthly expenses, such as for singles 3 to 6 months, married without children 7 months to 12 months. Married have children 13 months to 20 months. Example of calculating emergency funds for those who are not married or single. If our average expenditure is $1000 then the emergency fund we need is at least $3000. [/QUOTE]
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How sufficient fund for emergency task should be
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