# Do you keep an emergency fund? How do you manage it? How much do you keep in there?

**URL:** <https://neofinancial.discourse.group/t/do-you-keep-an-emergency-fund-how-do-you-manage-it-how-much-do-you-keep-in-there/2999>\
**Category:** Community Lounge\
**Tags:** tips-and-tricks\
**Created:** [September 17, 2025, 5:42pm UTC](https://neofinancial.discourse.group/t/do-you-keep-an-emergency-fund-how-do-you-manage-it-how-much-do-you-keep-in-there/2999 "2025-09-17T17:42:20Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![anon21088155](https://avatars.discourse-cdn.com/v4/letter/a/f14d63/32.png) [@anon21088155](https://neofinancial.discourse.group/u/anon21088155)\
**Post date:** [September 17, 2025, 5:42pm UTC](https://neofinancial.discourse.group/t/do-you-keep-an-emergency-fund-how-do-you-manage-it-how-much-do-you-keep-in-there/2999/1 "2025-09-17T17:42:20Z")

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I’ve always kept a dedicated emergency fund — the “just in case” money I hope I never have to touch.

In total, I keep around $20K set aside:

- Half sits in my Everyday account because it boosts my Neo World Elite card.

- The other half sits in my Neo Cash account because 2.5% interest is a lot better than 0.1%.

I feel like it’s more than a lot of people keep, but I’ve been through a couple of personal financial crises and maybe I’m a bit risk averse.

Curious how other people handle this:

- Do you keep a separate emergency fund?

- Where do you park it (chequing, savings, TFSA, HISA, investments)?

- How much do you think is the “right” amount to keep on hand?

Would love to hear different approaches!