Originally Posted by
acidfast7
Standard emergency fund advice is 6-12 months.
You're the only person I've come across who suggests not buying anything until they've got 12 months salary in the bank. Most of the financial advice I've seen suggests more like 3-6 months pay as an emergency fund. Even then it makes more sense to buy a bike for £500 to get to work than it does to buy a car for £5000 to make the same journey.
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