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Emergency fund calculator
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Some emergencies in life can affect you financially. You could get sick, lose your job, or have a costly repair to your car or home. An emergency fund can provide a financial safety net. Ideally, this fund would provide enough money to cover your essential living expenses so you can avoid taking on debt.

Use OSC's calculator to estimate how much money should be set aside to pay for financial emergencies. 

Author: Ontario Securities Commission
Topic: Asset building and saving
Publisher: Ontario Securities Commission
Location: Canada, Ontario
Format: Online tool
Content Type: Tools
Publication Date: April 20, 2024