Emergency fund

in #money7 years ago

Posted early about leaving excess cash in paper form or converting it to precious metals. One response was to make sure you have the suggested (6) months of expense savings in play for emergencies and go from there.

That's taken care of, or so I thought. Can it be as simple as adding all your re-occurring monthly bill and multiplying by six?

Question is: How do YOU come up will your monthly expenditures for this (6) month golden rule?

Would like to hear from others concerning what guidelines they follow.