Conventional wisdom said save six months of expenses. But with rent and groceries up 30%, that goal feels impossible for most. New research shows a $1,000 emergency fund prevents 80% of common crises—car repairs, dental work, last-minute flights. Anything beyond that? That’s what insurance and payment plans are for. Financial therapists now advocate for “good enough” savings over perfect but paralyzing targets. The psychology shift matters: hitting a small goal builds momentum. Huge goals create shame spirals. Start with $1,000. Then breathe. You’re safer than most already.