Viewing a single comment thread. View all comments

jws1300 OP t1_j6dzp0y wrote

Reply to comment by Comprehensive-Tea-69 in Pay down on house or keep in savings? by jws1300

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.

−11

FormsForInformation t1_j6gddf8 wrote

Oh no

2

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.

1