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Reducing Target EF

May 14th, 2009 at 02:39 am

I've reduced my Target EF from 6 mths take-home pay to 4 mths take home pay.

I think that is plenty for a single guy without a mortgage.

It will mean I can start saving up a deposit that bit sooner...

2 Responses to “Reducing Target EF”

  1. ceejay74 Says:
    1242314486

    I think that's very sensible. And under your worst-case scenario, wouldn't 4 months of take-home pay cover more than 4 months of expenses if you cut back?

  2. Apprentice Bliss Hunter Says:
    1242350319

    4 months of take-home would cover nearly 6 months of living expenses... :-)

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