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Old 07-27-2008, 05:29 AM
ScrimpAndSave ScrimpAndSave is offline
$ Saving College Junior
 
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Default How much should I have in my EF?

I currently live at home and pay $400 rent. I am planning to buy a house in the beginning of 2010 and probably have a $200,000 mortgage. With PITI and a 15 year note, it will be around $2,000 a month. Utilities and other bills are about $1000.

Should I save about $10,000-$15,000?

Thanks!
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