4min chapter

The Personal Finance Podcast cover image

How to Become Financially Whole with Tiffany Aliche (The Budgetnista!)

The Personal Finance Podcast

CHAPTER

The Purpose of Emergency Savings Account Number One

You want to do at least three months of what I like to call your noodle budget. If you're a nurse, for example, my mom used to be a nurse before she retired. Three months of emergency noodle budget saved, it's plenty. And the last savings account is your goal savings. So something that you're saving for in the next like six months to a year, anything beyond that you might want to put it into like a CD or invest so that way you can grow.

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