[jennifer_t]

It is helpful to see other’s approach to reserves. After 2020, we realized some income sources that we had relied on had potential to change (or go away all together), so it made us reexamine how much we should have in reserves. We decided on increasing our amount (it had originally only been about one month’s worth of expenses), however, at this point it is more of an arbitrary number rather than 3 months worth of expenses, etc. I really like the idea of revisiting the reserve amount each year after the budget is set.