Re: Bi-weekly mortgage question
I have a question. I have been told that you should have anywhere from 3-8 months of your wages saved in case of an emergency. We have credit card debt, about $4000 at 3.9% rate, a $12,000 car loan and then a $68,000 mortgage payment at 5.5% for 15 years. I really want to get the money saved so that we have that cushion there for emergencies because right now we have nothing. What do you suggest we do first?
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