u/Hungry_File_5165

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My partner and I have been waiting for rates to come down before buying our first home, but now I'm wondering if we've waited too long. We have stable jobs, good credit (around 750+), and enough saved for a decent down payment.

For those who bought recently despite higher rates, do you regret it, or was it worth moving forward? Curious to hear real experiences before we make a decision.

A few years ago, I faced an unexpected family expense and realized most of my money was locked in investments. I managed, but it was stressful.

Since then, I've made it a priority to keep an emergency fund covering several months of expenses. It's mostly in FDs and a savings account, so I can access it quickly if needed.

The returns aren't great, but the peace of mind is.

How much do you keep as an emergency fund, and where do you park it?

A few years ago, I used to invest every spare rupee and kept very little cash on hand. Then an unexpected family medical expense hit, and I had to break investments at the worst possible time.

That experience taught me the value of an emergency fund.

Over the last 6 months, I built a ₹6 lakh emergency corpus by saving ₹1 lakh every month. Instead of chasing returns, I focused on accessibility. I keep part of it in savings and the rest in multiple smaller FDs so I can access only what I need during an emergency.

The return isn't extraordinary, but the peace of mind definitely is.

Curious how others manage their emergency funds. Do you prefer FDs, liquid funds, or something else?