Comments on: 5 Things I’d Use My Emergency Fund On

By: 5 Options for Storing an Emergency Fund

5 Options for Storing an Emergency Fund — Mon, 20 Jul 2015 11:59:40 +0000

[…] sure you’ve all heard that you need to have an emergency fund to help you be prepared for the unexpected events that life inevitably throws at you from time to […]

By: A Blog ReDesign and What's Going On? - Shoeaholic No More

A Blog ReDesign and What's Going On? - Shoeaholic No More — Fri, 06 Mar 2015 15:59:09 +0000

[…] 5 Things I’d Use My Emergency Fund On – Add-Vodka […]

By: Weekday Highlights and Weekend Reading

Weekday Highlights and Weekend Reading — Fri, 27 Feb 2015 11:22:26 +0000

[…] 5 Things I’d Use My Emergency Fund On by Add Vodka – I have used mine on #1, #2 and #4 so far, but we are trying to rebuild the fund in case #3 happens because you never know. Many people might argue that technology is not an emergency, but to me it is. Sure, I can use my work computer to do necessary banking at work, but a lot of my website files and databases are stored on a couple of computers and hard drives. The most critical things are backed up, but I still need a working computer at home to earn some side income. […]

By: Kayla

Kayla — Tue, 24 Feb 2015 17:36:59 +0000

In reply to Kate @ Money Propeller. It's good that you had it in place then. Medical emergencies and illness are definitely something I'd be willing to use my EF on too. So far though I've been pretty lucky in the health department, with no major accidents or illnesses.

By: Kayla

Kayla — Tue, 24 Feb 2015 17:35:57 +0000

In reply to MomofTwoPreciousGirls. I do save some money for car and home repairs each month too (though not much as my budget won't allow it), but I still want to make sure I have enough in my EF to cover these things because my monthly savings amount isn't much. It's great you have so much in your HSA. Perhaps that will allow you to slate your EF for other things instead of medical emergencies.

By: Kate @ Money Propeller

Kate @ Money Propeller — Tue, 24 Feb 2015 12:09:03 +0000

Unexpected emergency medical expenses would be my number one priority for my emergency fund. Last year when I got sick, my emergency fund was totally a great help!

By: MomofTwoPreciousGirls

MomofTwoPreciousGirls — Tue, 24 Feb 2015 11:04:14 +0000

I budget monthly for car repairs and home maintenance. I have savings at Capital One that I dep to each month. Same for medical since I have an HSA.
I would probably just drop to bare necessities and use it to keep my home running. Shelter, utilities, food and transportation.
This makes me ponder how to really determine how much I need. I always used to lump in medical expenses as an emergency, but if I have 2-3 years worth of “max out of pocket” funds in the HSA does my regular e fund have to be as much? I’m going to need to put my nerd cap on and really go through my budget to figure out the bare bones. Thanks for the food for thought!

By: Kayla

Kayla — Mon, 23 Feb 2015 23:44:08 +0000

In reply to Amanda @ My Life, I Guess. I understand. I don't think mine will up to my ideal level before I quit my FT job, but it is what it is. If I wait for a "perfect time" to quit I'll be waiting forever as no time is ever perfect.

By: Kayla

Kayla — Mon, 23 Feb 2015 23:43:19 +0000

In reply to Emily @ Simple Cheap Mom. That is a great reason to keep an extra cash buffer if you are self employed.

By: Amanda @ My Life, I Guess

Amanda @ My Life, I Guess — Mon, 23 Feb 2015 23:23:55 +0000

I used my EF to fund a sick leave I took from work, and for pet emergencies. Right now I wish I had a bigger and/or better EF in place so that I could stress less about only having a crummy part time job.