Your questions
Your frequently asked questions

How much should I be saving to protect myself against job losses?

How much should I be saving on a monthly basis to protect myself against job losses?

It is of course very sensible to save for unexpected events such as losing a job or an emergency. How much you save is of course up to you, and something you can afford. What you need to consider is what protection you have - like payment protection - on any loans or credit cards as well as what money is available from your savings. Dependant on your circumstances, having some form of income protection may be useful, especially if you have a large debt like a mortgage. If the worst should happen then this could be a source of income while looking for a new job, as well as any savings you have.