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Dennis M. Smith
Dennis M. Smith, NCP
Category: Finance
Satisfied Customers: 1712
Experience:  Investment R.E. Broker 30 yrs. & past owner of Mortgage Brokerage Company.
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Can your savings furnish enough money to live on, ...

Customer Question

Can your savings furnish enough money to live on, in an emergency, for six months?
Submitted: 9 years ago.
Category: Finance
Expert:  Dennis M. Smith replied 9 years ago.

Good morning (Customer) The answer to this question is maybe yes, maybe no... You need to make a list of all the monthly bills, include food, gas & miscellaneous other expenses. Multiply this total by 6 and you will know how much is needed in a savings account to cover this period.

Dennis (cut2it)

NOTE: When you make the "acceptance" you may also use the "feedback" feature to leave your input on the quality of my answer. Thank you in advance for this.....

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