4 ms·
3000/month is still absurd. I think 2000 is about the most you can justify on a 100k salary without having risking emergencies bankrupting you.
by duaneb 10y ago
3000/month is still absurd. I think 2000 is about the most you can justify on a 100k salary without having risking emergencies bankrupting you.
- dmoy 10y agoThe relevant point there may be the "well over 100k" part. It would not be surprising to me if we're talking 200k total liquid comp.
- xyzzy4 10y agoIt depends also if the money is going towards rent or a mortgage. If it's the latter you can always sell your house to get more cash.
- dragonwriter 10y ago> It depends also if the money is going towards rent or a mortgage. If it's the latter you can always sell your house to get more cash. Not always, only if you have positive equity. Its quite possible to have a mortgage without that.
- xyzzy4 10y agoWell it's probably foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth.
- dragonwriter 10y ago> Well it's pretty foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth. Negative equity is usually something that happens after you take a mortgage. And whenever you take a mortgage, there is a risk of getting into a negative equity situation (though the degree of risk varies.)