Background

Goal

Our recommendation is a little untraditional. Keep in mind, though, that we gear our towards recommendations towards folks who have less dependencies (dependents, obligations, etc.).

Many recommend 6 months of income split between your Checking and Savings. However, for those that have minimal dependencies, you might have more utility investing sooner than the having a super accessible slush fund with minimal interest rates.

Keep ~$5,000 in your Checking and Savings Accounts - aim to keep most (~75%?) in Savings for its higher interest rate.