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We had some comments about the inadequacy of a $1,000 emergency fund in yesterday's guest post.  Today, we go back to an old article where we give our view on how much is enough.  Suffice to say, it's more than $1,000.

You can almost count on it; when you can least afford it, something unexpected throws you for a loop. Unplanned medical expenses, a wrecked car, job loss, or a burglary can blow away even the best planned budget. With an adequate rainy day fund, you’ll have the resources to ride out the storm. But, what is the minimum amount of cash that you need to ensure you can bridge the financial gap?