How to Be Better Off Than the Vast Majority of Your Peers

The self-employed person with no income insurance, dependents and a big mortgage might want up to 12 months behind them because it is them. Start with between three and six months as a guide and work up or down from them. It doesn't take much these days to burn through 500 quid. You're not going to be on the street within weeks because you've got this money behind you. And if times do get hard, you've got no short term creditors coming knocking thanks to your emergency fund.