Emergency Fund Analysis
Description: Use this template to figure out how much you need in your emergency fund and how to maximize your returns once the emergency fund is established.
The first step in building an emergency fund is to know what your typical monthly expenses are and decide how many months you need put away for that unexpected emergency. This template includes a spending analysis that allows you to evaluate your expenses by major category, enter the amount of your fund and see how many months are covered (see picture to the left).
Once you have a sizable emergency fund, you'll want to take the time to ensure that you maximize its returns without opening yourself up to unnecessary risk. The picture above shows the Emergency Fund Analysis included in this template that will allow you to do just that.
Want to know more?
Do you have an emergency fund established? Maybe you don't because you're not sure the best way to begin. Or maybe you have a well established emergency fund, and want to know if you're maximizing the returns without introducing unnecessary risk. Find out how to get started, what to do once established, see how we've allocated our emergency fund and what type of risk/reward we're getting. Read more here
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* Note, utilizing the features of this excel template requires Microsoft Excel® 2007 or later - some of the attributes such as the graded shading, tables, or 3-D formatting are not compatible with earlier versions.