If you had to get ahold of every penny you could tomorrow how much would it be?

Derivative

How much you can borrow is a meaningless figure. That's not an "emergency fund". Borrowing money, any money, with the exception of perhaps a mortgage or a business loan (i.e borrowing money for purposes of investment) is an emergency in itself.

C_Mababejive

Tom_Pickering wrote: »

This thread will be like.....my c**k is bigger than yours

Mines biggest so far..:)

oldvicar

With the likely exception of the house, in an emergency everything I own can be turned to cash within a week or two. This includes fixed term deposit accounts - none of mine are absolutely tied up with no access, although the penalties for early access are up to 5%.

In terms of the last 2 posts ... I drive a very small car, IYSWIM :rotfl:

atush

Tom_Pickering wrote: »

This thread will be like.....my c**k is bigger than yours

Well I am not interested in comparing them (might help if I had one lol) and I didn't mention amts. I figure that on top of my savings, investments, I could borrow another at least 50-60K if not more instantly without going thru a new loan application if I needed to. But I don't like borrowing.

qpop

Gosh, if I got together ALL the pennies I had?


Well, ignoring the unknown ones (havent checked in the sofa for a while) I have a jar of pennies that's about 10cm^3.

I'd hazard a guess that it contains AT LEAST £4. BUT, some of those are 2p coins.

So, I reckon, £2.50 ish.

*gets coat*

oldagetraveller

rictus123 wrote: »

Clearing savings, my current account plus cash i have along with withdrawing on credit card and overdraft...i think no more than £5k....think that is very low tbh!! How much emergency fund do all you guys have?? Obviously i need to maximise it before i move out but dont know how much to go for.

Non of yours or anyone else on here's business, so I'm not telling!:D