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I'm curious which types of accounts/investments people use while building and maintaining their emergency fund.
Started by understandingJH on
, 30 posts
by 27 people.
Answer Snippets (Read the full thread at bogleheads):
We don't have a firm line between "emergency fund" and the rest of our% that day? It's....
That my emergency fund is now outperforming my bond allocation handily, I don't want to actually use is not an emergency for us.
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Should I start to build up an emergency fund *before* paying off debt?
I have heard it said both ways..
I understand the logic behind it.. I could lose my job at any time (especially in this economy), and an Emergency Fund would potentially allow me to...
Started by seedebtrun on
, 11 posts
by 1 people.
Answer Snippets (Read the full thread at getrichslowly):
I don't really see the point in having 5-10k in a bank earning 3% interest when you like save up a small emergency fund, and then pay off the smallest balance first to get some motivational momentum going.
emergency fund.
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It seems that so many rules to abide by regarding emergency funds are being tossed out, same with theories on debt reduction.
I want to clear up all of my debt, yet have some kind of emergency fund stashed as well.
Dave Ramsey says to have a $1000 Emergency...
Started by bustednutz on
, 15 posts
by 14 people.
Answer Snippets (Read the full thread at bobistheoilguy):
Dave Ramsey states....
Originally Posted By: dtownfb It all depends on what stage you are .
Dave Ramsey states to save $1,000 for your Emergency Fund first THEN start to have to do for an emergency fund IMHO.
On what stage you are.
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Ask your Facebook Friends
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Hello Bogleheads,
Sorry if this is old news / obvious, but what's the consensus of where you "store" your emergency fund?
TIPS almost cost to own now. Short term Treasuries are not much better. Medium term are a little better, but will suffer when rates...
Started by Cruncher on
, 25 posts
by 19 people.
Answer Snippets (Read the full thread at bogleheads):
When the s hits the fan, emergency fund money keeps your family fed and your bills paid until you get a new job, for example that an emergency....
IMO you are missing the point of the emergency fund.
Chasing rates to me.
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This happened a few years ago. We were going to be out of town for 2 weeks and a friend of a friend agreed to house and pet sit for us. I knew her slightly but not that well. Financial compensation wasn't part of the deal, but we were planning to bring...
Started by Harriet on
, 15 posts
by 12 people.
Answer Snippets (Read the full thread at etiquettehell):
Again never used emergency....
Use the term "emergency fund" for the money they leave with a babysitter/petsitter to order pizza that she suddenly decides the emergency fund should be hers since its pricy where the OP lives.
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I have a three month emergency fund. I want to achieve a year emergency fund one day.
I have been investing $200 a month into my emergency fund (online savings account). This year I don't have the extra cash to invest in my Roth IRA. Should I be putting...
Started by imgritz on
, 6 posts
by 5 people.
Answer Snippets (Read the full thread at bogleheads):
3 months expenses could be considered that assuming you have a 20k emergency ....
This also has a link (reference 4 a reasonably decent sized
emergency fund.
Http://www.bogleheads.org/wiki/Emergency_fund for this topic.
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Emergency Money in Bond Mutual Fund? Any opinions about storing my emergency fund money in a short term bond fund like the Vanguard Short-Term Bond Index Fund or USAA's Tax Exempt Short Term or GNMA funds? Savings accounts, money markets, and CD rates...
Started by dave1231959 on
, 5 posts
by 4 people.
Answer Snippets (Read the full thread at tsptalk):
Re: Emergency Money in Bond Mutual Fund? I have 90% of my emergency fund in the Vanguard GNMA fund in Bond Mutual Fund? Thanks guys - that's exactly what I was looking for! Re: Emergency Money in Bond Mutual....
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I was talking with a colleague the other day at work, and he mentioned that he was getting excited about finally paying off his truck. We continued to discuss financial matters and got on the topic of what we consider a "safe" amount of money to have ...
Started by OverclockN' on
, 30 posts
by 13 people.
Answer Snippets (Read the full thread at rage3d):
A fully funded emergency fund is 36 months of your personal expenses set aside between a primary savings account and an emergency fund? I've always considered them the same thing: : Wouldn't you want....
The case for me.
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I have seen this concept evolve over th elast 5 years. It used to be to try to set aside 3 months of expenses. Now, with the broader economic issues I am hearing my like 12 months. For me, who has a wife and two kids and lives in Northern VA, that is ...
Started by indian86 on
, 17 posts
by 13 people.
Answer Snippets (Read the full thread at bogleheads):
They seem to be a pretty good place to put a portion of your emergency fund.
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Learn about good budgeting and money management (do your research - no 'seminars' or flashy get rich quick schemes and no Dave Ramsey unless you have the mind of a child). Then apply what you have learned to your life.
Started by greenaccord02 on
, 11 posts
by 7 people.
Answer Snippets (Read the full thread at bobistheoilguy):
Being out of work for a year ?
Car has.
Please define emergency .
Rotate them in/out of service.
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