We keep one years expenses at all times as well as our mortgage payment is a little less than the cost of a two bedroom apartment so if a finical crisis hit tha

We keep one years expenses at all times as well as our mortgage payment is a little less than the cost of a two bedroom apartment so if a finical crisis hit that left us out on the street we would be there regardless. The problem with the housing crisis was people had variable rate mortgages that made their payments quickly balloon up under them. We have a fixed rate so that can't happen.