Yes, we do have an emergency fund that would cover 2-3 months of expenses. We want to have 8 months of emergency fund though. It's a slow process to get there.
I called Netspend today and told them I wanted to cancel the d@mn account since I didn't ask for it in the first place. "Alex" said I could just cut up the card. I never once gave the card number out or any personal info, including my name. I then promptly told "Alex" he could relay to his bosses they were a bunch of a$$hole$ for this kind of business tactic. AVOID NETSPEND!
Yes, it's not too big though. I need to work on increasing it. The good thing my e-fund is at ING bank (an internet bank) so I don't have easy access to the money.
Sort of. I have a fund for car maintenance and repair which takes care of car emergencies. I also have one for home maintenance and repair. I have a fund for large expenditures (like vacations, computers and furniture) which could be used for emergency travel or unexpected opportunities. I have a (tiny starter) fund for health issues which could help with expensive illness or injury (plus I have a lot of sick leave saved up at work).
I do not have a fund for unexpected unemployment (though I could siphon money from the other funds). This is because I've had a stable job but a) it's not as stable as it used to be and b) I'm wanting to escape, so I wish I had one of these funds and will start building one when my mortgage is paid off (later this year).
And yes, I have used these funds for things like replacing the central air conditioning, replacing my computer, taking care of car repairs, visiting a friend while she had a postdoc in Switzerland, etc.
Yes!! We're working on getting our emergency fund up to several months of necessities, but we're not there yet. We put money into it every month, rain or shine, and it does keep growing, slowly but surely. It's nice to have a cushion of cash on top of the money we save for car repairs, bills, etc...
Yes, we have an emergency fund. I never thought I had enough money to save enough for an emergency fund--then I lost my job less than a year after buying my first house/mortgage (I was single at the time). It was truly frightening--my total unemployment benefits were less than my monthly mortgage payment and I was out of work for 5 months. I scraped by, but as soon as I became employed again my first goal was building that emergency fund. I can't believe how much less stressed I am by having that money in the bank. Right now our fund is at the lowest I can tolerate it (6 months of living expenses) -- my husband and I agreed to move a portion of our emergency fund into our house down payment so that we could put 20% down. But we both agree that keeping the emergency fund "healthy" is as big a priority as contributing to our retirement funds and paying our other bills.
Yes, we do have an emergency fund that would cover 2-3 months of expenses. We want to have 8 months of emergency fund though. It's a slow process to get there.
I called Netspend today and told them I wanted to cancel the d@mn account since I didn't ask for it in the first place. "Alex" said I could just cut up the card. I never once gave the card number out or any personal info, including my name. I then promptly told "Alex" he could relay to his bosses they were a bunch of a$$hole$ for this kind of business tactic. AVOID NETSPEND!
http://twitter.com/#!/bobisyellow/status/80654796117393408
like your facebook page
http://twitter.com/#!/AngelMom037/status/80655843107934208
I do have an emergency fund
We do! A small one now, but we're trying to grow it to six months! But we also save for house projects, vacation, etc.
http://twitter.com/#!/helyn4/status/80655118307045376
Already a fan of you on FB! :)
I "LIKE" you on fb (Nicole Pitts)
i follow on twitter @pittsy82 and tweeted http://twitter.com/#!/pittsy82/status/80654797228879873
We have an emergency fund and if the recession doesn't come to the end soon my emergency fund will :D
Yes, I have an 8 month fully funded emergency fund! :)
We did have one, until my husband lost his job. Can't wait until he finds a new job so we can build it back up!
Not really--I mean we are mostly paycheck to paycheck with no backup/emergency money---but that is definitely a goal we are working towards :)
Yes we do. It's been very difficult to maintain with my husband in school, but it's saved us more than once.
We are working on getting it up there!
Yes, it's not too big though. I need to work on increasing it. The good thing my e-fund is at ING bank (an internet bank) so I don't have easy access to the money.
Yep! About six months worth.
Sort of. I have a fund for car maintenance and repair which takes care of car emergencies. I also have one for home maintenance and repair. I have a fund for large expenditures (like vacations, computers and furniture) which could be used for emergency travel or unexpected opportunities. I have a (tiny starter) fund for health issues which could help with expensive illness or injury (plus I have a lot of sick leave saved up at work).
I do not have a fund for unexpected unemployment (though I could siphon money from the other funds). This is because I've had a stable job but a) it's not as stable as it used to be and b) I'm wanting to escape, so I wish I had one of these funds and will start building one when my mortgage is paid off (later this year).
And yes, I have used these funds for things like replacing the central air conditioning, replacing my computer, taking care of car repairs, visiting a friend while she had a postdoc in Switzerland, etc.
Yes!! We're working on getting our emergency fund up to several months of necessities, but we're not there yet. We put money into it every month, rain or shine, and it does keep growing, slowly but surely. It's nice to have a cushion of cash on top of the money we save for car repairs, bills, etc...
I don't have an emergency fund but I really really wish I did. I just don't have any money at all :(
Sorry about that! We had a bug in our system this morning. Refresh and it should be fixed!
Yes, we have an emergency fund. I never thought I had enough money to save enough for an emergency fund--then I lost my job less than a year after buying my first house/mortgage (I was single at the time). It was truly frightening--my total unemployment benefits were less than my monthly mortgage payment and I was out of work for 5 months. I scraped by, but as soon as I became employed again my first goal was building that emergency fund. I can't believe how much less stressed I am by having that money in the bank. Right now our fund is at the lowest I can tolerate it (6 months of living expenses) -- my husband and I agreed to move a portion of our emergency fund into our house down payment so that we could put 20% down. But we both agree that keeping the emergency fund "healthy" is as big a priority as contributing to our retirement funds and paying our other bills.
@CK: Sorry! We had a bug in our system this morning. Refresh and it should be good!