You have saved $1000 emergency fund, and cleared all of your debt. Whats next? How about saving a larger emergency fund for 3 to 6 months. Calculate your monthly expenses, and try to save at least 3 to 6 months for an emergency. Employment is not promised, your job could go out of business, what is your next move? Having 3 to 6 months of expenses saved, will make the transition easier for you if this were to happen. So the extra emergency savings acts as a crutch during your time of need.

video:His and her money