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Debbie

26 Aug 2026

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Is the usual 6-month emergency fund enough if you face retrenchment? What factors should determine how much cash you actually need?

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Shirley

22d ago

6 months is a decent starting point lah, but if your job is less stable, better to keep a bigger cash buffer

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Kelvin Chang

Edited 25d ago

Six months emergency fund not enough in times like this, need to have discipline in savings for months/years to prepare for emergency to last for a year while looking for permanent employment.

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I

25d ago

Hmmm, honestly, you probably need to factor in monies for your dependents, like children and parents...

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After the COVID situation, should we relook at our emergency funds to see if 6 months of funds are really enough? Or should we extend our emergency funds to say, one year?

Hello seedly, how can i know how much is too much savings? I do not want to be over saving, i have already saved my emergency funds. 6 months of income.

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