Rainy Day Fund vs Emergency Fund Calculator
Find out how much you need in each fund and how long it will take to build them.
Rainy Day Fund vs Emergency Fund
A Rainy Day Fund covers small unexpected costs (£500-£2,000). An Emergency Fund covers major life events like job loss (3-6 months of expenses).
Rainy Day Fund (Target: £1,000)
Months to reach £1,000:
Target date:
Emergency Fund (3 months: )
Months to reach 3-month fund:
Target date:
Full Emergency Fund (6 months: )
Months to reach 6-month fund:
Target date:
Disclaimer
This calculator is for illustrative purposes only. Results are estimates based on the figures you enter. Always seek independent financial advice before making any financial decisions. Affiliate disclosure.