PIDM Emergency Savings Calculator

Use this calculator to find out how much you need in your emergency fund and how long it will take you to get there.

This calculator is for estimation purposes only. Results are based on the information provided and may not reflect your actual financial situation.

How Much Do I Need?

It is advisable for your emergency funds to be enough to cover your expenses for 6 months. However, you may use our calculator to determine the amount that best suits your needs based on your monthly spending patterns.

1) Please insert your monthly commitment

Bills and utilities

Loans (home and car loans)

Credit Card

Buy Now Pay Later

Other recurring monthly expenses

2) How many months of emergency funds you wish to have?

6 months

3 months 6 months 9 months

3) How much you plan to save every month?

4) What's your total savings right now?

Summary

Bills and utilities

RM 0

Loans (home and car loans)

RM 0

Credit Card

RM 0

Buy Now Pay Later

RM 0

Other recurring monthly expenses

RM 0

Total: RM 0.00

Amount of emergency fund you need based on your commitment

RM 0

How much you are currently short

RM 0

Based on your current savings, you will hit your emergency savings target in

X months

Based on what you have right now, your emergency fund can sustain for

X months

Do you know how much is your monthly commitment against your salary?

Please enter your monthly income here — your salary plus anything extra like rental income, shares, or other side earnings.

The information provided are only intended as a guide to help users learn more about personal finance. PIDM will not be responsible for any loss or damage arising directly or indirectly as a result of any action or omission made in reliance on the tools or information contained herein. Users are advised to consult certified financial planning practitioners to obtain professional financial advice.

PIDM does not access or store any personal data or information which have been provided by users via this calculator.