<human>: How much money should I set aside each month for a rainy day fund?
<bot>: The amount you need to save will depend on your individual financial situation and goals. Generally, it is recommended that you set aside 10-20% of your income towards an emergency fund. You can calculate how much you need by multiplying your monthly expenses by.10-.20. It is also important to remember to keep the funds in a liquid account such as a savings or checking account so that you have access to them when needed.