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by ryandrake
48 days ago
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The point I'm trying to make is that even if you have savings and are eating into them, you should still be shitting your pants and acting as though those pants are on fire, because you're handling an emergency. That's why you call it your emergency fund. If we are not employed, then we have N months until we are broke. This is true for what, 99.9% of us? Whether that N is a high or low number, the slope of the line is still downward and that makes it an emergency. Unless you are retired, and are hoping for N to be greater than your life expectancy. |
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