General consensus is 6 months, but there are two differing camps for 12 months:
For 12 months EF: Job with same position and level is very difficult to replace in case of retrenchment, living alone in your own house, sole breadwinner of the family.
Against 12 months EF: Opportunity cost of not investing the extra 6 months, chances of taking 12 months to find a new job is very miniscule, start investments later due to building up the fund.
Any advice?
September 07, 2018 at 04:56AM
