<prompt> Human: Im saving for something that will cost me 4.5k. When my savings hits 4.5k, should I buy it then or save up a little extra, just in case? And how much is enough extra cash in my savings? I have no financial responsibilities at the moment, still living with my parents. Also I get paid bi-weekly, so I could have 500 in my account within two weeks of hitting my goal. Thoughts?  <response>: It depends on the item and how fixed that 4.5k is. I would budget maybe 5 to 10 extra, to perhaps account for unknown taxesfees.However, saving for this specific item is separate from saving for an emergency fund. Figure out a target amount for your emergency fund along with whatever the cost of the item is. You dont want to reach 4.5k in savings, deplete all of that and then have an emergency. 