tag:blogger.com,1999:blog-6837687243407973220.post4055486994379977262..comments2023-11-03T06:24:57.188-07:00Comments on American Dividend Dream: What do you consider an appropriate emergency fund?ADDhttp://www.blogger.com/profile/05258208917142939036noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6837687243407973220.post-14808652742776921312017-07-15T17:11:35.676-07:002017-07-15T17:11:35.676-07:00I would say really depends on your scenario. I am ...I would say really depends on your scenario. I am single, and still like to have at least 5 months.<br /><br />I find if something comes up I can use some 2 months of expenses. So my bare minimum is 3 months.<br /><br />Wondering if you have any insights for when to be doing that? I find the weeks when there is an additional cheque than the usual two every four weeks from work, is the best time. Personal Alpha Investmentshttp://www.personalalphainvestments.canoreply@blogger.comtag:blogger.com,1999:blog-6837687243407973220.post-32093419662642887682017-04-18T16:59:13.035-07:002017-04-18T16:59:13.035-07:00Working quickly to get to that level might be hard...Working quickly to get to that level might be harder said then done in the future due to family growth but we will stay vigilant. <br /><br />You bring up a good point on replacing an existing vehicle and I will add that to calculations. <br /><br />Thanks for stopping by!ADDhttps://www.blogger.com/profile/05258208917142939036noreply@blogger.comtag:blogger.com,1999:blog-6837687243407973220.post-37210111749403696842017-04-15T19:41:03.567-07:002017-04-15T19:41:03.567-07:00Ignoring the market timing issue that comes from h...Ignoring the market timing issue that comes from holding cash to make a move, I'd say 3-6 months, assuming it is just the two of you. After that, invest at will... with only $2,000-$2,500 of monthly expenses, you should be able to work quickly to build to that level of passive income. Perhaps even take advantage of becoming geographically independent down the road to a cheaper cost of living, either domestically or abroad. <br /><br />On the planning side: certainly a change in family size will shift things financially. You've mentioned car insurance, but no replacement costs should you need to replace an existing vehicle. writing2realitynoreply@blogger.com