Charlatan

Everybody should have an emergency fund equal to about 12 months of expenses.

The other thing is that people really need to monitor their expenses. Don't spend more than you make. Make sure that you are putting away about 10% to 15% of your pay into savings (more if you can). Live with less now so you don't have to do without later.

And... bloody hell. What kind of mortgage is that? It's completely nuts. Why would anyone agree to that kind of deal?

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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke