Goal: emergency fund
An emergency fund of three to six months, starting with €50 a month
It's the goal that lets you sleep at night, and the one to start with. Huchy works out what “three months of expenses” means for you and shows you the way.
- €35,101average yearly spending per household in SpainAbout €2,925 a month (2025)Source: INE, Household Budget Survey 2025 (in Spanish)
- 3 to 6 monthsof basic expenses is the usual size of the fundMore if you are self-employed or have dependantsSource: CNMV and Banco de España, Finanzas para todos (in Spanish)
- 24 monthsto reach 3 months by setting aside €238Starting from €900Huchy calculation
Sound familiar?
Why people give up on this goal
Any surprise (washing machine, dentist, redundancy) ends up on the card.
You don't know how much is “enough”.
Your emergency money sits in the same account as your everyday money.
Breakdown
What the goal is made of
Huchy suggests this breakdown when you create the goal; change whatever you like and the monthly target is recalculated.
| Item | Amount | Note |
|---|---|---|
| Home and utilities | €1,200 | Rent or mortgage, electricity, water, internet |
| Food | €450 | Supermarket |
| Transport | €150 | Travel pass or fuel |
| Insurance and other fixed costs | €200 | Health, car, phone |
| Margin | €200 | Recommended |
| Essential expenses for one month | €2,200 | × 3 months = goal of €6,600 |
With Huchy
How it keeps you on track to the date
The goal and its target
Amount, date and what you have already saved. The monthly, weekly and daily target, always up to date.
Your accounts, added up
Upload your statement and Huchy works out how much you really set aside this month.
Pace alerts
If you fall behind, it tells you in euros and in days, and suggests how to catch up.
Questions
Where should I keep my emergency fund?
Huchy doesn't decide for you: you set the goal and the deadline and see your monthly target. Where you keep the money is up to you.
Emergency fund or house deposit: which comes first?
That's up to you. In Huchy you can run both goals at the same time, each with its own monthly target, and give them the priority you choose.
Your emergency fund, in euros a day.
Start with the calculator: it's free and needs no sign-up.