Emergency fund calculator

How much should I have in my emergency fund?

A rainy day fund is money you set aside for unexpected bills and costs.

A common guide is to save around three months net income, which can help cover essential costs if your circumstances change.

Use this calculator to see how much you should save in your emergency fund.

This includes utility bills, food and mortgage or rent payments.
£
£

My results

Based on these details, we think you should have a rainy day fund of ##buffer##.

You’re already ##percentage##% of the way there with the savings you have.

What's next?

View our savings tips to find out how you could save more.

Set up Save the Change® to make the small amounts count too.

My results

Based on these details, we think you should have a rainy day fund of ##buffer##.

Well done. You've already saved this amount.

What's next?

View our savings tips to find out how you could save more.

Help your money grow with our ready-made investments.

Please use the calculator as an estimate. It does not include interest you would earn over time.

Try out our other calculators

Calculate how much you need to put away each month to reach your savings goal or find out the future value of your savings. 

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How long will it take?

Have you thought about investing?

Our straight-forward options could provide a higher return than saving. Choose from our three ready-made funds and let the experts do the rest.

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Savings accounts and cash ISAs

Whatever you’re saving for, Bank of Scotland are here by your side.

View our savings accounts

Savings accounts and cash ISAs

Whatever you’re saving for, Bank of Scotland are here by your side.

View our savings accounts