Solution finder
It all starts with a goal, what's yours? Get my finances in order and
edit

How much do I need for an emergency fund?

Life delivers curve balls, and even the best laid plans can fall into disarray if you don’t have cash on hand to manage emergencies.


How much do I need for an emergency fund?

Life delivers curve balls, and even the best laid plans can fall into disarray if you don’t have cash on hand to manage emergencies.

It makes having a pool of rainy day savings a must-do that can preserve cash for daily living, prevent a build-up of debt, and give you the reassurance that you’re well-placed to weather any financial storms.

How much do you need in emergency savings?

None of us know what lies around the corner, so there is no hard and fast figure of emergency cash you should work towards.

A better approach is to aim to tuck away as much as you can comfortably manage on a regular basis.  Even small savings can grow into something big over time. Aiming to save just $20 each week for instance, will see you save over $1,000 in just 12 months.

It’s easy to build a pool of crisis cash

Taking the first step is often the hardest part of growing savings. We can guide you through the process with four easy steps:

1
Reviewing your budget

We can analyse your cashflow to help you find ways to save.

2
Helping you select the right account for your emergency savings 

Some savings accounts have strings attached that only let you earn a decent interest rate if you meet strict conditions. We can pinpoint the savings accounts that will work well for your circumstances.

3
Making it automatic

Growing savings works best when you make deposits on a regular basis. We can help you put an automatic savings plan in place to make growing emergency cash effortless. With your savings on autopilot, you’re free to live life without concerns about a cash crisis.

4
Knowing when to dip into your emergency savings

For many people, simply having a financial adviser on side can be the key that prevents them dipping into their emergency cash unnecessarily.

But when an unexpected bill does crop up, it’s good to know the money is there for you.

Talk to your local financial adviser today

Things can change quickly in the market.

Subscribe and stay informed with news and industry insights.