bad month
Three months of expenses sounds impossible from zero. Split into three goals, most people can reach it within a year of automatic transfers.
You asked for the three-stage fund plan. It is below, as the slides from the post, then the one move, then the tool the chart points at.
The tool this chart points at
FDIC-insured, no monthly fee, no minimum balance. Where the emergency fund lives.
Open itThis link may pay Money in One Chart a referral fee if you open an account. Your price does not change. How that works.
Sources: Federal Reserve SHED 2025.