Comments on: Do You Budget for Unexpected Expenses? http://www.askmrcreditcard.com/creditcardblog/do-you-budget-for-unexpected-expenses/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tim http://www.askmrcreditcard.com/creditcardblog/do-you-budget-for-unexpected-expenses/comment-page-1/#comment-2865 Tim Fri, 16 Mar 2007 17:24:24 +0000 http://askmrcreditcard.com/creditcardblog/do-you-budget-for-unexpected-expenses/#comment-2865 my contingency fund is my income disruption fund currently at 12months. combination of cd ladders and high yield savings. my emergency fund lines currenlty, which is separate from contingency fund, include: insurance deductibles; major auto repair; major medical/dental; major house repair; emergency travel (to get out of a country); pet fund i'm looking to fund these emergency lines: emergency travel (my folks are getting old, chances are a funeral or health incident force me to go home); child care (planning on having kids in the near future); lawyer retainer emergency fund lines are in combination of cd ladders and high yield savings. What I plan for is to be able to immediately fund one month income disruption along with two major repairs simulataneously. that is why i have a portion of contingency and emergency funds laddered in cd's. i may pursue t-bills, but since i don't pay state or federal taxes at the moment, cd's work fine. my contingency fund is my income disruption fund currently at 12months. combination of cd ladders and high yield savings.

my emergency fund lines currenlty, which is separate from contingency fund, include:

insurance deductibles; major auto repair; major medical/dental; major house repair; emergency travel (to get out of a country); pet fund

i’m looking to fund these emergency lines:
emergency travel (my folks are getting old, chances are a funeral or health incident force me to go home); child care (planning on having kids in the near future); lawyer retainer

emergency fund lines are in combination of cd ladders and high yield savings. What I plan for is to be able to immediately fund one month income disruption along with two major repairs simulataneously. that is why i have a portion of contingency and emergency funds laddered in cd’s. i may pursue t-bills, but since i don’t pay state or federal taxes at the moment, cd’s work fine.

]]> By: karla (threadbndr) http://www.askmrcreditcard.com/creditcardblog/do-you-budget-for-unexpected-expenses/comment-page-1/#comment-2645 karla (threadbndr) Wed, 14 Mar 2007 18:37:31 +0000 http://askmrcreditcard.com/creditcardblog/do-you-budget-for-unexpected-expenses/#comment-2645 I started out accruing for property tax on the house and car, car tags and insurance - all those nasty once or twice a year bills. As I've gotten more sophisticated, I've added categories for vehicle maintain/replace, vet bills and household repairs/projects. I use a system similar to the 'freedom fund' that is in Mary Hunt's books - a savings account linked to my household checking account in my case that I can move funds between online. I started out accruing for property tax on the house and car, car tags and insurance – all those nasty once or twice a year bills. As I’ve gotten more sophisticated, I’ve added categories for vehicle maintain/replace, vet bills and household repairs/projects.

I use a system similar to the ‘freedom fund’ that is in Mary Hunt’s books – a savings account linked to my household checking account in my case that I can move funds between online.

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