These are expenses that you pay less frequently than monthly. You can estimate their monthly costs by adding the amount spent over a certain number of months and divide by the number of months to get the monthly cost.
Your Emergency Fund should cover between 3 to 6 months worth of expenses.
We've used the savings rate offered by most online banks here. We recommend putting this money in an online savings account because it gives you a higher rate of return.
We've prefilled this field with the savings rate offered by most online banks. We recommend putting your emergency and rainy day funds in an online savings account to earn a higher rate of return and keep it out of sight, out of mind.
This is the total amount that's deposited into your bank account every month
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