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jws1300 OP t1_j6dzp0y wrote

I think its important to have some liquidity laying around don't get me wrong - but I think for someone with stable income, good credit, ability to borrow from family in a sticky situation, and liquid assets that could be sold, etc, emergency money isn't that important.

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FormsForInformation t1_j6gddf8 wrote

Oh no

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jws1300 OP t1_j6ht1dv wrote

Guess people forget with a mortgage paid off I would have $1500 /mo immediately going into savings again and whatever interest I was paying would be null.

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