Building a Six-Figure Side Hustle, Monetizing Content, & Budgeting with Variable Income
The Money with Katie Show
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How Many Months Worth of Expenses Should You Keep in Cash?
The emergency fund rule of thumb for most people is to keep somewhere between three to six months worth of essential expenses. Double the ebbs and flows of your variable income doesn't only make budgeting a challenge, but it does warrant keeping more cash on hand than you might otherwise do. You don't want to feel like you need to seek other employment or give up on your nereal endeavors because of a cash crunch. That's really interesting. I've never, well, i guess now i am.
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