Emergency Fund Examples – Be Prepared for These 7 Financial Disaster

Unless you’ve been living under a rock, I’m sure you’ve heard the conventional wisdom that you need an emergency fund.

Lucky for you, I am one of those people that worries unnecessarily about  future uncertainty and hyperventilates when there is less than $10k in  the bank account.

This one is kind of just for fun, but if you’re a parent of young children, the struggle is real.

Toddler Destruction

This is the big emergency fund example, and the reason so many personal  finance gurus advocate for 3, 6, or even 12 months of expenses saved in  an emergency fund.

Job Loss

Booking a flight last minute is notoriously expensive, and you don’t  want to have to worry about whether you have enough money to be there  for your loved ones in times of need.

Last Minute Travel

Not to bore you with the details, but some of our expenses got  classified as capital improvements, which you aren’t allowed to fully  deduct in that year.

Unexpected Tax Bill

Owning a home is great, but when it comes time to replace the roof or call an emergency plumber in Dallas (our hometown), I often wish I was still a renter.

Major Home Repair

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