ilmscore | Prediction Details
"you want to save somewhere between 3 months and 12 months worth of expenses so if you're 23 years old and you got very little uh financial responsibilities you could take a lot more risk you don't got a spouse you don't got kids well now guess what you might only need a few months worth of expenses and now you have a solid savings account if you're older you have a spouse you have kids now maybe you want more than 3 months Maybe maybe you save 4 months 6 months maybe you don't like Risk you just want to be completely financially secure and never have to worry about money then maybe you save nine months or a year is worth of savings expenses I don't think you need more than a year"
By Minority Mindset | November 19, 2023 | Pending
From video
If You've Never Invested Your Money - Watch This 00:16:00 - 00:16:41
Interpreted Prediction
Recommends saving 3 to 12 months of expenses for emergencies, with the amount depending on age, financial responsibilities, and risk tolerance. Suggests that more than a year's worth of savings is excessive.

Prediction Details

Topic
Saving for Emergencies

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