Evolving Personal Finance » Entries tagged with "home repair"

What is the Purpose of an Emergency Fund?

What is the Purpose of an Emergency Fund?

In my last post on emergency funds, I looked at Dave Ramsey’s (and many others’) suggestion of an emergency fund size of three to six months of expenses and calculated what that would be for our current budget ($7,500 to $15,000).  But at the end of the post I questioned whether a three to six month emergency fund is really appropriate for us.  I am an overthinker, so I have trouble just accepting that we … Read entire article »

Filed under: emergency fund