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Updated 8 days ago, 11/18/2024
Reserve Fund Contributions
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund. I'm getting to the point where I have a good chunk saved and am wondering what guidelines people follow to know when they can start tapering off the contributions or stop them altogether.
What rules of thumb are out there that people use? Let me know your thoughts.