Different people and cultures believe different things for the answer to this question. The meaning of life as we perceive it is derived from philosophical and religious contemplation of, and scientific inquiries about existence, social ties, consciousness, and happiness.
A long-term financial plan should include these elements. Time Horizon. A plan should look at least  five to ten years into the future. Scope. A plan should consider all appropriated funds, but especially those funds that are used to account for the issues of top concern to elected officials and the community. Frequency.
Hereâs how to figure out how much you need and how to get started. Your emergency savings fund should be enough to cover your major expenses for six to nine months. If that seems daunting, you can always start by targeting three months of expenses and build from there.