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Forum
-> Household Management
-> Finances
amother
Peach
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Thu, Aug 11 2016, 2:17 pm
After you bought a house, paid for moving and repairs closing costs etc. how much money did you leave in your savings account?
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amother
Slateblue
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Thu, Aug 11 2016, 2:20 pm
WE bought our house about 6 months ago. It pretty much cleaned us out. We had a little money left over that went to putting in a new bathroom and buying furniture.
If anything comes up that needs to be fixed etc it's a real stretch to cover it.
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amother
Ruby
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Thu, Aug 11 2016, 2:24 pm
amother wrote: | After you bought a house, paid for moving and repairs closing costs etc. how much money did you leave in your savings account? |
A few grand.
And after an employment reduction soon after buying, we ended up missing payments within a year and a half and foreclosing within 3 years.
Make sure you have excellent padding in your savings before buying.
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