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What is a reasonable amount to save for an emergency for someone that is considered poverty level.

Started by Becca Jo G.
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B

Becca Jo G.

Saving for an emergency when considered poverty level

J

Joshua J.

At least enough to cover rent and food, I would say.

M

Michael H.

I try to save enough to cover rent for about 2 months as well as car insurance . For home expenses you can find agencies in your local area to assist with paying those bills if you fall on hard times.

A

Angela M.

Hi
Saving enough for my family and myself has been difficult. I am as mentioned above. Disabled and working 2 pt time jobs. I saved last paycheck until next paycheck. Working up to that was a process. Eventually, I saw where I can save that pay and and part of next. Granted I was stretched thin. I literally omitted all impulsive buys and small ones. Starting to bring food from home. A coffee thermos when driving client to client. Making ice at home for my cooler etc
I got stingy! I needed to preserve my self.

A

Angela M.

Srry. Wrong thread
I started a 300$
Thinking to myself at the time, that is what a water heater might cost. Or an auto repair. Thank you for your question.
Often I wonder, if others really understand how terrifying it is to be so poor and alone with children or in my case, grandchildren

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