The conversation between human and AI assistant.
With a salary of 120k living in NH, can I afford to build a 230k house and buy a 100k car? No debt, single, 5 years out of college.
No, I haven't considered that. How much should I allot for that?
Financial experts recommend having three to six months' worth of living expenses saved up as an emergency fund. Based on your monthly expenses of $3000, it is advisable to have around $9,000 to $18,000 saved up. Additionally, it would be wise to allocate some funds for unforeseen expenses in building a house or maintaining a car.