Emergency Fund Target Sheet
Calculate and track your progress towards your financial safety net.
Download the Target Sheet
This spreadsheet helps you calculate your emergency fund goal and visualize your progress.
What's in the Sheet
- A section to list your essential monthly living expenses.
- A calculator to determine your 3-month and 6-month savings goals.
- A chart to track your progress as you save.
- A clean and motivating layout.
Key Features
Financial Security
An emergency fund is the foundation of financial stability.
Goal-Oriented
Set a clear target to keep you motivated.
Progress Visualization
Watch your fund grow with the progress chart.
How to Use This Sheet
- Download the .xlsx file.
- List all your non-negotiable monthly expenses.
- The sheet will calculate your 3-month and 6-month savings targets.
- Update the "Current Savings" field regularly to track your progress.
Expert Insights
An emergency fund is not an investment; it is an insurance policy against job loss, medical emergencies, or unexpected major expenses. Having 3-6 months of living expenses saved in an easily accessible account provides peace of mind and prevents you from going into debt when life throws you a curveball.