 TITLE: How Much Money Should I Be Saving? CONTENT: How Much Should You Have in Your Emergency Fund?\n------------------------------------------------\nRegardless of your age, your emergency fund should be an important part of your savings plan. This pool of money—deposited in a high-interest savings account or money market account, for instance—is strictly for emergencies like a job loss, unexpected car repairs or surprise medical bills. This fund can help you avoid running up your credit card balances, dipping into retirement savings, taking out a loan or borrowing money from friends and relatives.\nWhat's the proper amount of money to keep in an emergency fund? Experts usually recommend your emergency fund hold enough money to cover at least three to six months' worth of everyday living expenses. However, the amount in your emergency fund ultimately depends on your own financial picture. END