Templates › Home and money
Emergency fund template
By Ratio · Every result was worked out by Ratio on
List what you must pay every month, multiply by the months you want covered, and see how long it takes to save the rest.
| You type | Ratio shows |
|---|---|
| # Emergency fund | |
| Rent 1100 | 1,100 |
| Utilities 140 | 140 |
| Groceries 420 | 420 |
| Transport 90 | 90 |
| Insurance 60 | 60 |
| monthly = sum | 1,810 |
| goal = monthly * 6 | 10,860 |
| saved = 2500 | 2,500 |
| left = goal - saved | 8,360 |
| left / 400 | 20.9 |
Nothing opened? Get Ratio, free for 7 days. The template is copied: paste it into a new sheet. On Windows and Linux, copy the text and paste it into Ratio.
How it works
Only essentials go in the list: what you would still pay after losing your income. The last line divides what's missing by what you can save each month: just under 21 months here.
Make it yours
Change 6 to 3 for a smaller cushion or 12 for a bigger one, and 400 to what you can put aside each month.
Questions
Three or six months? Six is a common rule. People with steady jobs and two incomes often pick three; freelancers often pick more.
Related
Monthly budget template · Compound interest calculator · All templates