Custoslibera@lemmy.world to Memes@lemmy.ml · 2 years agoI'm starting to feel like there's not much choicelemmy.worldimagemessage-square64fedilinkarrow-up1323arrow-down117
arrow-up1306arrow-down1imageI'm starting to feel like there's not much choicelemmy.worldCustoslibera@lemmy.world to Memes@lemmy.ml · 2 years agomessage-square64fedilink
minus-squareMasterNerd@lemm.eelinkfedilinkarrow-up7·2 years agoUntil you get laid off in corporate downsizing to increase profits by .5% and then you can’t afford your mortgage and the bank seizes your house
minus-squareshastaxc@lemm.eelinkfedilinkarrow-up2·2 years agoThis is what an emergency fund is for. And you would also end up homeless if you’re renting and lose your income. It’s no better. At least with the house, you could sell it if you need the money. You’ll just lose a bit, but not everything.
Until you get laid off in corporate downsizing to increase profits by .5% and then you can’t afford your mortgage and the bank seizes your house
This is what an emergency fund is for. And you would also end up homeless if you’re renting and lose your income. It’s no better. At least with the house, you could sell it if you need the money. You’ll just lose a bit, but not everything.