this post was submitted on 12 May 2024
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Housing Bubble 2: Return of the Ugly

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What a family of four is required to make to live comfortably (lemmy.world)
submitted 4 months ago* (last edited 4 months ago) by SeattleRain to c/housing_bubble_2
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[–] SeattleRain 3 points 4 months ago

Yeah, here in America it's recommended to have at least a 6 month emergency fund. To be comfortable you'd need a year of living expense that could only be used for emergencies. That's why the comfortable budget has 20% of take home income set aside for savings.