Here is why you need some kind of emergency fund, even if it’s not a big one:
Sometimes you pay about a bazillion dollars in car expenses over the course of four months.
OK, this is really just a gripe, but so far this winter:
- The alternator blew, taking out the battery and a belt. Or the battery died dramatically, killing the alternator and the belt. Or the belt . . . you get the point. That was expensive.
- Driving down a two-way street that had become one-way due to poor plowing, I completed the job I started three years ago, and completely knocked off the passenger-side mirror. (It had been wobbly for years; Mr. DebtFreeJD was glad I finally agreed to cough up the money to fix it).
- The car got recalled. Twice. At least now our steering wheel airbag should deploy in a crash? That was free, but whatever, I’m adding it to the list because it’s my list.
- And the latest. For totally inexplicable reasons, the rear bumper is peeling away from the car on the left-hand side. We don’t yet know the $ damage on this one, but it sure looks expensive to me.
At least we only have one car.