The general rule of thumb is to start out with 1 month of emergency savings - start wherever you are and build up to that! So if you need $2,500 each month to pay your bills you should have that much in your saving account. Once you have $2,500 then save towards 3 months of savings and then 6 and ultimately up to a year. Sometimes you might want to invest everything, but it's really important to have cash on hand in case of emergencies! Like what happened with the layoffs during the coronavirus pandemic. Lots of people had money invested but not enough saved.