This is the amount you must have in your account to avoid problems

How much money should we keep in the bank? Is the million dollar question: The right amount What should constitute our emergency pillow is one of the most important questions around personal finances since having or not having one radically changes how we We are facing a debt situation Or to a payment we weren’t thinking about in the income-expense relationship.

There are hundreds of Recommendations and advice on how much money we should have savedBut the truth is that there is no specific standard that sheds light on this unknown.

Fortunately, the Bank of Spain, as the institution that supervises The proper functioning of the financial system In our country he issued a recommendation to all citizens about the ideal amount that we should all have To have sound and easy accounts.

But despite this, saving is becoming an increasingly daunting task for most families: After the devaluation of wages in the 2012 crisisunemployment and indebtedness this year Loss of purchasing power The result of the inflationary process that the world has witnessed since the beginning of the war in Ukraine.

Thus, the latest study in this regard showed that Only 1 in 4 Spanish families have the ability to save And that’s even In some cases, they had to use the few Euros they saved until the end of the month.

The money we had to save according to the Bank of Spain to be able to face unforeseen events It is the amount equivalent to between three and six months of fixed expenses: get this accumulated money gives us Ability to deal with potential unexpected events such as car breakdownor some urgent arrangements at home.

If we do not have this “insurance” we may find ourselves needing to apply for a loan Or an urgent loan with terms far above ideal and beyond our real borrowing capacity.