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956: Friday Q&A: Pay for College from Retirement Account, Buy Grandparents' Lake House, Salary vs. Benefits, When to Buy a House, Etc.

Radical Personal Finance

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How Much Cash Reserves Should You Have to Buy a House?

In an ideal world people just buy the house when they find a house that works. People like you who are clearly thoughtful and in control of your money it usually works out. If you came to me and said I've got to spend down my emergency fund  to get this house that here is affordable right now for us I wouldn't say wait on it. We live in such a funny world with real estate this is all very market dependent, whether you're in Kansas City or whether you're three hours outside of Kansas City.

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