3-6 months salary untouched

CPS91

marathonic wrote: »

This is a difficult one. It really depends on the amount of deposit you have and how exposed you'd feel without a cash buffer.

Buying a house is always going to be difficult and if, by using your emergency buffer, you get a better mortgage rate and have to rely on a credit card for emergencies until you 'get back on your feet', then I'd probably go that route.

Actually, I would go that route - and did last December. I had no emergency fund whatsoever on completion of my house purchase but am now using a regular savings ISA to build it back up.

Thanks for the reply. That's a bit of an interesting take on it and I suspect not one many too often consider. I suppose as long as you know your disciplined enough with a 0% credit card after you've gone through that period to pay it off it can't be all too bad.

mgarl10024

FatherAbraham wrote: »

Have you considered growing a mustache?

http://www.mrmoneymustache.com/

Warmest regards,
FA

I just wanted to come back to this post to say thanks.
This one link sent me on about 3-4 months of reading the entire mrmoneymustache blog from start to finish - very addictive reading and I've learned a lot from it.