Comments on: My Favorite Part of Our Finances: The Emergency Fund

By: Christine

Christine — Tue, 12 Jul 2016 14:50:07 +0000

In reply to Krista Dial. Thanks Krista! The emergency fund takes so much stress out of stressful situations. I love it!

By: Christine

Christine — Tue, 12 Jul 2016 14:48:13 +0000

In reply to Amanda-LivingFullyandFree. That's great Amanda! You can do it!

By: Amanda-LivingFullyandFree

Amanda-LivingFullyandFree — Tue, 12 Jul 2016 12:45:14 +0000

In reply to Christine. I totally agree! So we have the $1k saved up for small emergencies, and plan on paying down 2 of our loans before saving more

By: Krista Dial

Krista Dial — Tue, 12 Jul 2016 05:42:32 +0000

We set up an emergency fund a year ago and it’s been the smartest thing we’ve done in our marriage! No more worrying about car repairs or something going wrong around the house…the emergency fund takes care of it! You are spot on with all of these tips! 🙂

By: Christine

Christine — Mon, 11 Jul 2016 15:27:27 +0000

In reply to Amanda-LivingFullyandFree. You can do it Amanda! Sometimes it helps to focus on one thing at a time so you really feel like you're getting somewhere.

By: Amanda-LivingFullyandFree

Amanda-LivingFullyandFree — Mon, 11 Jul 2016 10:38:56 +0000

Reduce expenses and find ways to earn more money. That is always my goal! We would need $10k to have a 3 mos emergency fund saved up. It’s nice to know that you were able to save up a similar amount because I feel like it’s hopeless when we’re also focused on trying to pay down debt and save for a house.

Thanks for sharing!
Amanda

By: Christine

Christine — Fri, 08 Jul 2016 17:45:24 +0000

In reply to Erin | A Welder's Wife. That's awesome Erin! To me, it's all about having peace of mind and not letting money stuff stress us out.

By: Erin | A Welder's Wife

Erin | A Welder's Wife — Fri, 08 Jul 2016 17:16:45 +0000

I love having an emergency fund! [It is not my favorite part of finances, but it is very useful!] We had our hot water heater go out a few years ago. Thanks to our emergency fund, we were able to replace it immediately!