Northern light wrote:
I would have 6-9 months of expenses in a savings account, and if you still have cash to spare I would attack that 4,6% mortgage (and keep at it at a resonable pace). Conservative, safe - steady as she goes.
Settling down does not have to mean marriage. Me and the mother of my kids did not and we are quite fine. The way you market it ($$$) might even put people off.
I agree with NL the best thing would be to tackle the mortgage. I wouldn't spend all your E-fund on that the mortgage though. It's always good to have something stashed away for a rainy day. @ NL Re: Marriage
- I assumed that by "settling down" the OP meant getting married. Aparently this is what he meant. But to verify I asked the questions. I didn't mean to imply that people who live together under common law aren't settled down.
And you are right getting married can cost a lot. It can also cost less than you might think if you are happy with simplicity and are frugal. It's just important to think about these things before investing money. And to talk to the other person involved. I invested a good portion of my E-Fund just before meeting my wife. I took a hit on the investment because I had to cash it out for wedding expenses, ring, honey moon, etc. I wish someone had asked me these questions a few years back.