usually 5-10k

i have hope that one of these days you will figure out why that communist pic is there

Ah, some retarded subtle message? Like the douche with the Che shirt who isn't a Socialist?

$174,373.47 currently

This is liquid ? or if you sold everything ?

Well, he said he has 10k liquid, so presumably this is assets.

Hmmmm I guess an "emergency fund" is 2 fold in a way.....

Just having x amount of cash in the bank or under the mattress is one thing , but if things get really bad for someone, I'm sure they would go to amazing links to solve the problem and survive.

Whether its liquidating all the stuff the own, or taking out an insane credit loan somewhere or on their credit cards etc....

I guess "emergency fund" is to open to an extent, it more depends on how big a "emergency" someone is having in their life...

My fault on bad clarification ....

Yeah it's very broad question

Counting just cash?
Counting investments that can be quickly sold for no fees?
Counting investments that can be sold but you relieve a fee?
Counting things like being able to sell your house/car/boat/whatever?

Depends on the level of "Emergency" someone is having.(what I should of added)

Like hurricane destroyed their house and children and everything they own is one thing.... loosing their job-- another.

Emergency fund typically refers to the money you have saved for an emergency. Any circumstance which demands a fair amount of money in a short amount of time.

There's no clarification needed.

This post was edited by IceMage on Apr 14 2015 07:10pm