Submitted by D0lphan72 t3_11efn19 in personalfinance
Stock-Freedom t1_jadpo20 wrote
Personal finance is personal but why not calculate your fixed costs and multiply them by the months of emergency fund you desire?
Follow the flowchart.
My generic advice:
https://i.imgur.com/lSoUQr2.png
Here is the flowchart from the r/personalfinance subreddit’s Prime Directive. If you follow that, you will be ahead of almost all of your peers.
Stop by the sidebar to see the Common Topics, which include basic money handling and investing.
You don’t need to talk to anyone or buy some random book to do this. You have all the tools right here.
D0lphan72 OP t1_jadszdn wrote
Appreciate the link. I’ll definitely crunch those numbers and put them together to see what comes out
AutoModerator t1_jadpo5k wrote
I love the flowchart! Here's the wiki page with more context and information.
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AutoModerator t1_jadpo7i wrote
Here's a link to the PF Wiki for helpful guides and information.
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