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re: How many of you have actually had to use an Emergency Fund?
Posted on 5/25/20 at 9:49 pm to Allthatfades
Posted on 5/25/20 at 9:49 pm to Allthatfades
quote:
If the only debt you have is a mortgage, how in the hell would you burn through 30k in 8 months?
he said 8-10 months, at 10 months that 3K a month. If he has a $1500 mortgage/insurance/property tax.
that leaves him & his wife $1500 a month for everything else. Food/electricity/water/phone/health insurance/car insurance for two cars....
Posted on 5/25/20 at 9:49 pm to HarveyBanger
have made it through the flood in 2016 and cut hours at job this year due to emergency fund and not carrying debt
Posted on 5/25/20 at 9:58 pm to HarveyBanger
Yeah, during the Great Recession.
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