John (Caller)

That makes a lot of sense.

And that's kind of why I want to continue to save and invest, even if

So with the 25%, you know, hopefully I can still save, you know, maybe I only spend another 25% on top of that, still save half my income so I can have that nice, you know, hefty amount in mutual funds.

So, you know, should I need to go beyond my emergency fund or should anything happen, I can still back that up and still sustain the mortgage and not have to go into any sort of distress.

I am overwhelmed, but still way better than what I should ever be.

That sounds absolutely fantabulous.

Quick breakdown.

Both my wife and I are 20.

My wife is six months pregnant.

We're doing, of course, about three months.

We had...

So about three months ago, we started to remodel the house with money that we had above and beyond our emergency fund.

Well, since then, we've had about $7,000 to $8,000 worth of unexpected bills come up, and I got a new truck to me.

I was going to sell my old one.

I should have been able to make a couple grand.

Okay.

Paid $6,000 for it.

My old one should have been able to sell for $8,000 and cannot sell it.

And the stupid part was that was supposed to be our emergency fund with that.

I was expecting a quick flip on my old truck, quick sell.