What's the point of having liquid savings when you can just

are you really suggesting spending money just to build credit?

equity and investments I agree with

Not needing credit for every tiny unplanned expense builds credit score pretty nicely.

Also, how are you going to respond to investment opportunities if you don't have money around to invest on short notice?

>>1789896
>investments are subject to market risk
>investments are less liquid than cash
>borrowing isn't free

>>1789919
>are you really suggesting spending money just to build credit?

Why not? As long as you don't get in over your head.

>Also, how are you going to respond to investment opportunities if you don't have money around to invest on short notice?

This is not really a factor for most people on salaries and wages.

>>1789968
83% of people with credit cards end up paying interest on them in a given year.

Credit cards are a meme. Credit is a meme. My dad bought a house without a credit score, and yes most banks still do that if you ask them.

If you don't have at least 1k+ in savings and 3+ mo expenses in a money market account you're a retard.

>>1789896
I agree with you but a lot of those emergency loans have shitty rates.

That being said I keep 1-2K in cash max although I live with my parents.

>>1789896
>People talk about "emergency funds" but you can just borrow.

When you've been unemployed for 6 months and can't afford mortgage payments you can't borrow much money.