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Money and Finances
Reply to "Can I afford to do anything other than save?"
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[quote=Anonymous]My emergency savings fund isn't anywhere close to where it needs to be. I have maybe 3 months worth of expenses saved. There are a couple of house projects (totaling $4k) I have been wanting to do. Nothing urgent but things that would certainly make life easier/more pleasant. I also want to get a new car, the one I currently drive is about 20 years old and has cost me over $5k in repairs over the past couple of years. The deposit + the monthly payments would of course lessen my savings and how much I could contribute to it each month. Should I put absolutely everything on hold (as in anything beyond necessities) while I focus on building up my savings? At what point (how many months worth) can I be more relaxed about it and know I can comfortably spend on other things?[/quote]
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