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>>>>large emergency fund (zero stress about paying mortgage or losing job). I don't know about the EU, but in the UK I know their mortgages are usually fixed f
by shafoshaf 2y ago
>>>>large emergency fund (zero stress about paying mortgage or losing job).
I don't know about the EU, but in the UK I know their mortgages are usually fixed for only like 5 years. In the US they are typically 30 year fixed. That can cause a lot of instability when interest rates go up.