I was already preparing a post about the importance of an emergency fund but I thought instead I would share what we have had to use our emergency fund for…just this week. During all the snow Brian hit a pothole on his way to work and put a bubble in his tire. My brother looked at it and sure enough said that it would have to be replaced. Sunday the battery in Brian’s car died so we got to buy a new one of those on Monday. Tuesday when we took Brian’s car into the shop to have the front tires replaced they also said that when he hit the pot hole it cracked his wheel so we had to replace that as well. Then this morning he calls me and said that he got a flat in one of his back tires on his way to work. So this week we will have put 4 brand new tires on his car and a battery. Luckily when his tire went flat this morning he was not hurt in any kind of accident and was able to get it changed safely despite being on the side of a very busy highway.
Brian and I have an emergency fund set up for instances just like this. Although it pains me deeply to take money out of our savings account, I am thankful that we have money set aside and do not have to use a credit card or borrow the money elsewhere. This will just derail us from getting my car paid off as soon as I was hoping. {but maybe that is a good thing since we just paid off Brian’s and look what happened :)}
14 comments:
I feel for you! Right after Christmas this year my husbands truck broke down not once, not twice, three times! Luckily we found a very honest diesel mechanic that investigated the problems and fixed the right problems after one trip to the dealership. On top of that we had to pay for a rental car so my husband for two weeks.
YEah you for being responsible!! SOOOOO sorry for the bummers though... that is A LOT to go wrong! :(
Be blessed-
Amadna
whhhhaaaa!! but i'm so glad you had a stash-o-cash to take care of it. smart smart smart.
but putting your new tires on is like spending a bunch of money on new bras… they're ridiculously expensive, and no one really notices/can see.
glad brian wasn't hurt though. that can be really tough!
hope you are continuing to feel good!
Congrats on the new baby! Colt is a great name :)
Glad you had the emergency fund. My husband and I finally paid off all our debt (except the mortgage) a year or so ago. There is no better feeling. Good luck!
Oh, I know the feeling! We had to replace all 4 of my tires, my battery and my hubby's tie rods all in the last few months. It totally sucks having to take money out of savings, but that is what it's there for.
It always seems to happen that way! For the last few years it seems the expensive things come during the months that I get an extra paycheck! Good thing for the emergency fund!
Thanks for stopping by my blog. You are so right, when it rains in pours! We just bought a newer car and my husband's hours got cut from 40 to 32...awesome. All we can do is embrace it. Good for you guys having a big savings account...we try pretty hard too! Congrats on baby boy!
Hello, stopping by from SITs to wish you happy SAT sharefest, hope you enjoy it. Please come and visit.
Hubby and I really try to stay out of debt but it's hard. Good luck.
Mary
Hope your week is better than your weekend! And that you don't start puking!
Stopping by from SITS
Kerri
www.sickofmg.blogspot.com
Phew! It is great that you were able to use your emergency fund for those things. Pot holes are CRAZY around here this year. Absolutely crazy!
That is SO frustrating! But it's great you have an emergency fund!
Stopping by from SITS!
stopping by from SITS - what a week! so glad you are able to manage with adversity :) Hope things go well next week and you are able to rebuild your emergency fund quickly!
Isn't it crazy how things like this happen all at once? I am so glad to read that he wasn't hurt. I like your blog. :O)
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