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If you're making 6 figures you should have a decent sized emergency fund if you live in an excessively high CoL area, no?
by another_story 4y ago
If you're making 6 figures you should have a decent sized emergency fund if you live in an excessively high CoL area, no?
- ModernMech 4y agoShould is the operative word there. One could be in school for a while deeply in debt for a decade, get a 6 figure job in a high COL area right after graduating, then lose that job due to covid within a year. How would they have a decent sized emergency fund saved up? Why would such a family not be deserving of relief?