How does the skill calculate the required emergency fund size?

It uses an expense-based approach, multiplying monthly non-discretionary expenses by a coverage factor (typically 3-12 months) determined by the user's income stability and job risk.

Can this skill help with variable income or freelance work?

Yes, it includes specific adjustments for income smoothing and recommends larger buffers (6-12 months) for those with unpredictable or seasonal earnings.

When should I use the emergency fund?

The skill provides clear criteria for appropriate use, such as job loss or essential medical repairs, while advising against using it for planned purchases or market investments.

Does this skill provide guidance on where to keep the money?

Yes, it evaluates different vehicles like High-Yield Savings Accounts (HYSA), Money Market Funds, T-bills, and I-bonds based on their yield, liquidity, and safety.

What is a tiered emergency fund structure?

It is a strategy that splits savings across different accounts—such as immediate checking, high-yield savings, and short-term T-bills—to balance instant liquidity with better interest rates.

Emergency Fund Planner

Name: Emergency Fund Planner
Author: JoelLewis

byJoelLewis

•

学習とドキュメンテーション

Calculates and structures emergency funds based on individual income stability, expense profiles, and liquidity needs.

This Claude Code skill provides a comprehensive framework for sizing and managing emergency reserves within the wealth management domain. It enables Claude to help users determine appropriate cash buffer sizes—ranging from 3 to 12 months of essential expenses—while accounting for variables like income volatility, job security, and household structure. The skill includes guidance on tiered fund structures to balance immediate liquidity with yield optimization using vehicles like HYSAs, T-bills, and money market funds, ensuring a robust financial safety net with minimal opportunity cost.

主な機能

01Frameworks for appropriate fund usage and systematic replenishment plans

0218 GitHub stars

03Income smoothing adjustments for freelancers and variable-income earners

04Detailed vehicle selection guidance for HYSAs, T-bills, and CD ladders

05Tiered liquidity structure recommendations to maximize yield while maintaining access

06Expense-based sizing calculations for accurate cash reserve targets

ユースケース

01Calculating the ideal emergency fund size for a single-income household with variable earnings

02Establishing a replenishment schedule after drawing down reserves for essential repairs

03Designing a three-tier liquidity strategy to reduce the opportunity cost of holding idle cash

What are Skills?·How to Install

Install with 🐟 Skill.Fish

npx skillfish add joellewis/finance_skills emergency-fund

For use in Claude.ai and ChatGPT

Download Skill