Emergency Fund Planner
Calculate how much you need to save for emergencies and create a personalized plan to build your financial safety net
Emergency Fund Calculator
Your Emergency Fund Plan
Your Savings Plan Breakdown
To reach your emergency fund goal of ₹2,10,000 in 12 months, you'll need to save approximately ₹15,833 per month or ₹3,958 per week.
Emergency Fund Tips & Best Practices
Why You Need an Emergency Fund
An emergency fund is your financial safety net for unexpected expenses like medical bills, car repairs, or job loss. It helps you avoid debt when life throws you curveballs.
How Much to Save
Most experts recommend 3-6 months of living expenses. If you have irregular income or work in an unstable industry, aim for 6-12 months.
Where to Keep It
Use a high-yield savings account or money market account. These offer liquidity and better interest rates than regular savings accounts.
Savings vs. Debt
Start with a small emergency fund while paying off high-interest debt, then build your full emergency fund.
Building Your Fund
Automate transfers to your emergency fund each payday. Treat it like a non-negotiable bill.
When to Use It
Only for true emergencies: unexpected medical expenses, essential home/car repairs, or necessary expenses during job loss.
Replenishing
If you use your emergency fund, prioritize rebuilding it. Adjust your budget to replace the funds as quickly as possible.
Emergency Fund Dashboard
Your Progress
Savings Reminders
Set reminders to contribute to your emergency fund regularly.