Money Lesson Single

How much cash is too much cash?

Everyone tells you to build an emergency fund and nobody tells you when to stop. The same saver, the same redundancy, three months of cash on one side and twelve on the other.

Employment Property Expenses Savings Account ISA

Three months of cash

1 Goal · 1 What-If

Keep a quarter of a year of living costs in the savings account, and invest everything else.

Try this plan

Employment Property Expenses Savings Account ISA

Twelve months of cash

1 Goal · 1 What-If

Keep a full year of living costs in the savings account, and invest what is left.

Try this plan

Three months of cash Twelve months of cash

Holding a year of living costs in cash rather than three costs you ~£154.7k by the end.