Re: Paid off CC... what now?
well, it will probably take me a year or 2 just to build up an adequate emergency fund. That should give me plenty of time to read up on investing.
Another question- say I build up an emergency fund of 15K (6 months of living). Do I need to then save my downpayment amount ON TOP of that 15K? In other words, I should not dip into the emergency fund for the downpayment? That would set back my house-owning plan at least a year. Thoughts?
|