How Much Money Do You Really Need?

You've got sure you have an emergency fund. Usually that's at least three to six months of whatever your income or expenses might be. That's for a rainy day. And depending on your wrist threshold, you might want to have more money safe. If there is a market crash or recession, if you have cash available and you have some knowledge in terms of investing, then you can prosper from that. A lot of people became incredibly wealthy in two thousand eight when there was the recession,. Because they're able to buy a lot at a cheaper price because they're prepared for that. So that's another reason to carry some cash.