Are you the sole breadwinner?
If you are the only person bringing income into the house, a loss of your income would mean a total loss of all money used to pay bills. This means you need to have a larger emergency fund than someone who has a partner that is also earning. Most financial experts recommend 3-6 months of living expenses as a starting point for an emergency fund, but you may wish to save up 6 months to a year of expenses if you are the only income earner.






