John Boyd quoted on BuzzfeedNews.com
Experts also advise that homeowners think of their housing fund as separate from their emergency fund, which should be enough to cover three to six months of expenses in case of unemployment. “It may be prudent for a homeowner who wants to protect themselves a little more from the unexpected to have a 12-month cash reserve rather than a three-to-six-month reserve,” said John Boyd, founder of MDRN Wealth.
