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re: Emergency fund opinions

Posted on 2/11/13 at 9:30 pm to
Posted by Jwodie
New Orleans
Member since Sep 2009
7215 posts
Posted on 2/11/13 at 9:30 pm to
quote:

Debt isn't necessarily bad if the rate is low enough. Occasionally I will hear of someone who doesn't pay down credit card debt for fear of not having a sufficient emergency fund. This is a bad idea.


Agreed. However my desire would entail using a portion of my current emergency fund to start knocking out higher interest rate student loans.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 2/11/13 at 9:42 pm to
6 months, at least.
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