Overshot — find the TikToks breaking out, and what they're selling

Loading video…

Stop setting $10,000 as your emergency fund just because the number is popular and that's what you're hearing on TikTok.

@jasmiinee.f

2.2K followers · usually 1.4K views a post

Views

34.8K

Likes

2.5K

Comments

Why it worked

The video provides actionable, high-value financial advice that challenges a common misconception, making it highly shareable and relevant to a broad audience.

Summary

The creator explains that an emergency fund should be calculated based on individual essential monthly expenses rather than a generic target like $10,000. She provides a step-by-step guide on how to calculate this amount by summing up basic living costs and multiplying by three to six months.

Structure

1Debunking the $10k emergency fund myth
2Defining 'bare bone essentials'
3Listing specific essential expenses
4Calculating the total fund amount
5Emphasizing individual financial needs
6Call to action for more financial tips

Call to action

make sure you follow, like and comment

On-screen text

YOUR EMERGENCY FUND $$$ Explained Stop setting $10,000 as your emergency fund just because the number is popular and that's what you're hearing on TikTok. Here's how much you should actually have. Your emergency fund isn't supposed to be a cute round number. It is supposed to be a number based on your bare bone essentials. Essentials Only! That means the cheapest version of your life that keeps you fed, housed, safe and functioning. Fed. Housed. Safe. Functioning. Think rent, mortgage, utilities, groceries, insurance, medications, phone, internet, transportation. That is it. No eating out, no beauty appointments, nothing for fun, and no subscriptions, just the essentials. Now you're gonna add up how much all those essentials cost for you for one month and you're gonna times that by either 3, 4, 5 or 6. Essentials x 1 month An emergency fund should be 3-6 months worth of essential expenses And that is how much your emergency fund should be. For some people, it may be 4k, it may be 7k, it could be 12k, it may even be 20k or more. What's most important is that your emergency fund number matches your lifestyle and not anyone else's. Once you reach your emergency fund goal, go wild. You can put more into it if you want, but start with the bare minimum number. So for more finance and investing basics made easy for the girls, make sure you follow, like and comment.

Original caption

10k for your emergency fund should not be a universal number. Your emergency fund should be specific to you and your specific needs. If you have hit 10k great , if your not quite there yet that’s also ok! What matters most is that your starting! Nothing is built overnight so don’t expect the same for your emergency fund. Putting aside even $25 a paycheck is better than nothing ! #financeforwomen #moneytok #financialeducation #budgetingtips #emergencyfund