History of $1,000 emergency fund

So most popular finance advisers seemed to concentrate on a multiple of months income or expenses. Sylvia Porter (70s and 80s) seemed to concentrate on a multiple of income. Whereas now, most seem to express the fund be a multiple of either recurring expenses (per month) or a generous expectation of possible life events. And a small number of advisors push for a small arbitrary currency amount to initiate thé psychology of saving and for the establishment of the habit, eventually growing that after some milestones, usually debt elimination.

I’ve made some people upset, I think, based on the downvotes from the I question I asked

I appreciate all that responded. - I was not intending to denigrate DR, nor validate him. Not was I trying to establish some good/bad value if an ef. Sorry if my question upset so many.

/r/personalfinance Thread