Saving my Emergency Fund


Now that I've created my personal snapshot, I'm excited (never thought I'd use that work in relation to finance...) to move onto saving my emergency fund. Because I'm salaried and eager to achieve this goal over the next year, I'm going to focus on saving 6 months' worth of expenses. 

My monthly expenses are around $2500, so $2500 x 6 = $15,000. There are definitely some areas where I can cut back given this new motivation, plus I'll look into additional opportunities to freelance. My goal is to have this $15,000 emergency fund saved by this time next year. October 2020, here I come!

Obreanna McReynolds
Senior Content Producer @ Skillshare