Set a target of essential monthly expenses × 3, 6, 9 or 12 months, see how far your savings have come, and get the contribution plan that closes the gap.
All calculations happen locally in your browser. Your expenses and savings never leave your device.
| Plan length (months) | Save per month |
|---|---|
| 12 | — |
| 24 | — |
| 36 | — |
The currency selector only changes the display symbol — no exchange-rate conversion is applied. To convert an amount, use the currency converter..
Estimates only — not financial advice.
The target is deliberately simple: monthly essential expenses × the number of months you want the fund to cover. Everything else — current savings, progress and the contribution plan — is arithmetic on top of that one number, with no assumptions about your income, your job market or your country.
Somewhere you can reach within a day or two without a penalty — the whole point is liquidity, not return. A separate savings or instant-access account works; what matters is that it is not sitting in your everyday spending balance. This tool deliberately does not recommend specific products or banks.
They cover different holes. Insurance transfers catastrophic or rare costs — an accident, a hospital bill, a damaged home — but it rarely covers the income gap while you look for a new job, and it almost always has a deductible you must pay first. The fund handles cash-flow interruptions; insurance handles large one-off shocks. Most plans need both.
Slowly, yes — an emergency fund is a purchase of safety, not of return, and parked cash always loses a little to inflation each year. Most of the fund's job (job loss, urgent repairs) cannot wait for a better rate, so the honest trade is: keep the cushion liquid, and if you hold beyond your target, put the excess into longer-horizon goals instead of growing the pile.
Both compete for the same money and the right order depends on your interest rates and job stability, so this tool takes no position. A common middle path is a small starter buffer first — enough that a surprise does not go straight back onto a card — while keeping minimum payments running, then splitting the surplus. Weigh it against your own numbers.
No. The target, progress and savings plan are all computed locally in your browser with plain JavaScript. Your expenses, savings and timeline never leave your device, and there is no account and no network request attached to a calculation.
If you just finished with Emergency Fund, the natural next steps are Salary Converter, Multi-Currency Converter, Fuel Cost, or browse every tool in Cross-border Finance.