Archive link: https://archive.ph/NF2r0
At some point, getting Nintendo would be a career moment and I honestly believe a good move for both companies. It’s just taking a long time for Nintendo to see that their future exists off of their own hardware. A long time… :-)
Honestly even the idea of an emergency fund, I mean accounting dorks say things like “save six months salary in an accessible, liquid form”.
Does anybody really do that? I mean for a middle-class well-educated dual-income household that’s probably close to 100k, which we were all recently reminded the limit for bank account insurance.
If you own your home doesn’t it make more sense to have a secured line of credit set for emergencies and then ride as close to the wire as you feel comfortable?
Your emergency fund is usually recommended to be 3-6 months of expenses, not salary…though I guess for plenty of people, even at high salaries, that may be the same number, but then you’ll never have savings anyway. Really your emergency fund is for however much risk you can tolerate, like if you end up unemployed for 3-6 months, but your emergency fund is for things other than just unemployment, like sudden medical expenses or replacing a water heater. If you’re comfortable with a line of credit on your home being your emergency fund, go for it. There’s some risk to that, but there’s different kinds of risk to everything.