Comments on: Reasons to Build and Love an Emergency Fund http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/ Where personal finance & frugal living are sexy, delicious, and fun. Wed, 08 Feb 2012 21:43:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Emergency Fund: Start It NOW | http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-7920 Emergency Fund: Start It NOW | Thu, 08 Jan 2009 08:01:49 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-7920 [...] Articles: Dealing With The Recession Protect Yourself Against The Recession Reasons To Build And Love An Emergency Fund Escaping Paycheck To [...] [...] Articles: Dealing With The Recession Protect Yourself Against The Recession Reasons To Build And Love An Emergency Fund Escaping Paycheck To [...]

]]> By: Weekly Carnivals and Roundup | LivingAlmostLarge http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-4257 Weekly Carnivals and Roundup | LivingAlmostLarge Fri, 03 Oct 2008 16:02:59 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-4257 [...] SquakFox talks about Why she needed an Emergency Fund [...] [...] SquakFox talks about Why she needed an Emergency Fund [...]

]]> By: Free Food In College, Love Your Emergency Fund http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-4172 Free Food In College, Love Your Emergency Fund Wed, 01 Oct 2008 17:01:52 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-4172 [...] Squawkfox: Reasons to Build and Love an Emergency Fund [...] [...] Squawkfox: Reasons to Build and Love an Emergency Fund [...]

]]> By: Carnival of Personal Finance #172 - Meltdown Edition http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-4059 Carnival of Personal Finance #172 - Meltdown Edition Mon, 29 Sep 2008 09:46:35 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-4059 [...] causes more financial meltdowns than medical bills. Squakfox shares not only why you should start an emergency fund, but shares how it saved her a$$. Going against the normal pf blogger grain, PaidTwice shows you [...] [...] causes more financial meltdowns than medical bills. Squakfox shares not only why you should start an emergency fund, but shares how it saved her a$$. Going against the normal pf blogger grain, PaidTwice shows you [...]

]]> By: Carnival of Credit Report Stories | Fix My Personal Finance - Personal Finance Advice - Money Management Advice http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-4057 Carnival of Credit Report Stories | Fix My Personal Finance - Personal Finance Advice - Money Management Advice Mon, 29 Sep 2008 08:49:39 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-4057 [...] inspiring article on how to achieve the impossible posted at Smarter Wealth. Squawfox writes about Reasons to Build and Love Emergency Fund posted at Squawfox. Lazy Man presents $700 Billion Bailouts - Is My Money Safe posted at The Lazy [...] [...] inspiring article on how to achieve the impossible posted at Smarter Wealth. Squawfox writes about Reasons to Build and Love Emergency Fund posted at Squawfox. Lazy Man presents $700 Billion Bailouts – Is My Money Safe posted at The Lazy [...]

]]> By: Derek http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-4018 Derek Sun, 28 Sep 2008 11:26:28 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-4018 I would think that 3 months of bills would make sense for savings. I would also take out or stop my normal savings and other things i might do with excess cash. It really depends on your comfort level like you mentioned and how many mouths your responsible for. Good to mention this now as people in US are very cash strapped and hardly have home equity to use if needed let alone cash. Doing some quick math i think 4-6 months worth of bills is what i currently have. Mind you this is over 60% invested as i don't really need it now, but is quickly converted to cash when needed. House equity is a last resort. useful post. DH I would think that 3 months of bills would make sense for savings. I would also take out or stop my normal savings and other things i might do with excess cash.

It really depends on your comfort level like you mentioned and how many mouths your responsible for.

Good to mention this now as people in US are very cash strapped and hardly have home equity to use if needed let alone cash.

Doing some quick math i think 4-6 months worth of bills is what i currently have. Mind you this is over 60% invested as i don’t really need it now, but is quickly converted to cash when needed. House equity is a last resort.

useful post.
DH

]]> By: Scott @ The Passive Dad http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-3846 Scott @ The Passive Dad Tue, 23 Sep 2008 22:51:59 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-3846 I hope you knee surgery goes well and thanks for sharing another reason to have an emergency fund. Professional athletes have insurance and contracts that pay them during surgery and recovery. Makes sense for everyone to have something saved up for those unknown events. I hope you knee surgery goes well and thanks for sharing another reason to have an emergency fund. Professional athletes have insurance and contracts that pay them during surgery and recovery. Makes sense for everyone to have something saved up for those unknown events.

]]> By: Rob Madrid http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-3637 Rob Madrid Fri, 19 Sep 2008 16:52:58 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-3637 I mentioned that point to my niece and family and they didn't agree with the idea of cash in the bank, their argument is that if your paying interest than your better off putting any extra money on debt or words to that effect I mentioned that point to my niece and family and they didn’t agree with the idea of cash in the bank, their argument is that if your paying interest than your better off putting any extra money on debt or words to that effect

]]> By: Talk Like a Pirate Day http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-3624 Talk Like a Pirate Day Fri, 19 Sep 2008 10:41:36 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-3624 [...] Reasons to Build and Love an Emergency Fund [...] [...] Reasons to Build and Love an Emergency Fund [...]

]]> By: Roshawn @ Watson Inc http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/comment-page-1/#comment-3551 Roshawn @ Watson Inc Wed, 17 Sep 2008 21:32:50 +0000 http://www.squawkfox.com/2008/09/16/reasons-to-build-and-love-an-emergency-fund/#comment-3551 I agree with you regarding maintenance as well and about why emergency funds are great. I think of them as "Murphy-repellent." For some reason, they keep bad stuff away! I agree with you regarding maintenance as well and about why emergency funds are great. I think of them as “Murphy-repellent.” For some reason, they keep bad stuff away!

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