Custoslibera@lemmy.world to Memes@lemmy.ml · 1 year 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 · 1 year agomessage-square64fedilink
minus-squareMasterNerd@lemm.eelinkfedilinkarrow-up7·1 year 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-up2·1 year 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.