52 Ways To Save 8 Months Of Expenses In Your Emergency Fund

When financial “gurus” start advising everyone to alter their strategies and save EIGHT months worth of expenses (or more) in their emergency fund , most people look at it as an impossible task and write it off. For a couple earning $50,000 per year AFTER taxes (approximately $75,000 pre-tax), saving 10 percent per month would take them over 6 years, assuming today’s dismal interest rates and that they didn’t have to tap their fund for an emergency. So how do you save for an emergency fund