But I also think people should have at MINIMUM six months of household income or expenses (whichever is greater) saved. Preferably a year if possible. I know many people who don't even have one month, so even 1-6 months is good for some people.
Discussion
18 months
I'm just talking minimums here for average people in my experience. Meaning what I believe is quickly attainable for most people if they focus on it.
My number is actually even higher than that. In fact, I don't even have a minimum for myself anymore. My goal has completely shifted toward spending on quality (I *could* save more but I spend on things I value like decent food, water, nostr:nprofile1qqsppdnxpjc82jlm3yn9gawhv7p4nm69a3f80rg5ycw305xned2s0hcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshsz9rhwden5te0v9kxwmeww468smewdahx2tcq7d5tl, etc) but having as few bills as possible so I can keep building more wealth.
But that isn't most people lol Just getting people to not glaze over when I say six months is a chore.
I agree though that given the current job market, etc, 18 months IS a wiser choice. But that simply won't be heard by most people. Something like half of Americans have under $1000 saved. Even six months is probably wild to those people, but not out of reach given a reasonable amount of time and lifestyle change