Why It’s Important to Have an Emergency Fund

When it rains it pours.  Sometimes life doesn’t work out the ways it’s supposed to and expenses can pile up fairly quickly.  First I had to change flight plans which cost $250 for me and my husband.  Then my front tire needed to get replaced and rotated so there went $130.  Wasn’t able to work out arrangements to attend a destination wedding so to compensate, I’m planning to gift a very large sum of money.  I’ve already saved up $400, but plan to dish an additional $300.  Also remember my tax bill?  Well I just sent California $733, and they’ve already taken it out of my bank account.  Lucky for me I have a healthy emergency fund to cover all of this, but that’s why it’s so important to have money saved because seriously when it rains, sometimes it pours.  I’m just grateful that I’m not going into debt for this, but still it’s a lot of money going out at one time.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s