How much cash do you have?

[Joshua Watts]

As the the title asked how much cash do you have compared to your expenses? I have been doing this for 20 plus years and I have always wonder just how much cash people really should have compared to your expenses. I read three to six months but is this what people really have? I would guess in the past 20 years I have stayed on the lower end of the scale because everytime I get any money I am buying something else but with that being said I have always paid my bills on time. And is there any difference if your monthly expenses are $1,000.00 verses $100,000.00 per month (difference as how many months of expenses you have put back). I think it is important to know a little back ground also. Do you live on the real estate income or do you have a "real job" and how much is your expenses?

I will go 1st. I have three months of cash and two months of line of credit compared to my expenses. My expenses run about $120,000.00 per month. I would say in the past I always had less cash compared to lately. My only income is my real estate and I am including my salary as an expense.