Emergency fund by math, not vibes — built for freelancers.
Expert insights on freelance financial planning, emergency funds, and risk management.
The traditional "6 months of expenses" rule fails freelancers. Here's why your emergency fund needs to be calculated based on your actual income volatility, client concentration, and risk tolerance—not one-size-fits-all advice.
Traditional emergency fund advice assumes steady paychecks. For freelancers with irregular income, client concentration risk, and seasonal fluctuations, the real number is often 9–18 months. Here's the data.
Ruin probability calculates your actual risk of running out of money based on income volatility and expenses. Learn how Monte Carlo simulation gives you a personalized emergency fund target instead of generic rules.
Quarterly estimated taxes, self-employment tax, and safe harbor rules explained. Plus: how to integrate tax reserves into your emergency fund calculation without double-counting.
Average income lies. Monte Carlo simulation runs 10,000+ scenarios to show your actual income distribution, worst-case outcomes, and the emergency fund size you need to sleep well at night.
Earning 60%+ from one client? Your emergency fund needs to be 2-3x larger. Learn how to quantify client concentration risk and adjust your financial buffer accordingly.
Q4 boom, summer slump? Seasonal freelancers need different emergency fund strategies. Learn how to model your income cycles and build reserves that match your reality.
Healthcare spikes, equipment failures, tax bombs—irregular expenses multiply your ruin risk. Learn how to factor expense volatility into your emergency fund calculation.
95% confidence means 1 in 20 years you'll hit trouble. 99% gives you better sleep but costs more cash. Learn how to choose your confidence level based on risk tolerance.