Comments on: Baby, that’s a big emergency fund you’ve got there http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/ Fri, 12 Mar 2010 17:40:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: #039 — Links O’ The Week | MyMoneyMinute.com http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/comment-page-1/#comment-2188 #039 — Links O’ The Week | MyMoneyMinute.com Sat, 04 Apr 2009 20:15:57 +0000 http://www.countingmypennies.com/?p=981#comment-2188 [...] Counting My Pennies talks the size of our Emergency Funds. [...] [...] Counting My Pennies talks the size of our Emergency Funds. [...]

]]> By: karla (threadbndr) http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/comment-page-1/#comment-2147 karla (threadbndr) Thu, 02 Apr 2009 21:29:09 +0000 http://www.countingmypennies.com/?p=981#comment-2147 Mine's at about 7 right now, but maybe closer to 9 if we talk bare bones. If I cash in savings bonds and company stock (at today's close), it's up around 15 months. Seems like a lot, but not when you figure how long I've been working! Mine’s at about 7 right now, but maybe closer to 9 if we talk bare bones. If I cash in savings bonds and company stock (at today’s close), it’s up around 15 months. Seems like a lot, but not when you figure how long I’ve been working!

]]> By: Megan http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/comment-page-1/#comment-2018 Megan Thu, 26 Mar 2009 12:22:02 +0000 http://www.countingmypennies.com/?p=981#comment-2018 I think that's a good point you bring up. It's one thing to try to figure out how much to save. It's another thing to decide what's enough when you're actually in the position to use it. From that point of view, no amount is big enough. Good luck! I'll be following your blog to see how things go for you. I think that’s a good point you bring up. It’s one thing to try to figure out how much to save. It’s another thing to decide what’s enough when you’re actually in the position to use it. From that point of view, no amount is big enough. Good luck! I’ll be following your blog to see how things go for you.

]]> By: laneerg http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/comment-page-1/#comment-2008 laneerg Wed, 25 Mar 2009 21:11:58 +0000 http://www.countingmypennies.com/?p=981#comment-2008 Well ... if my unemployment insurance money doesn't start rolling in pretty soon, I'm going to get a chance to see how long my EF will really last. Theoretically, I have at least 6 months of expenses saved in the EF. In other savings, I probably have another 3 - 4 months worth. Of course, this isn't covering Cobra. With my former employer, I didn't have to pay for medical insurance, so Cobra is a new expense for me. I'll probably only keep that for the first 9 months (until the 65% subsidy runs out) then try and see if I can find private insurance for a similar cost (or less.) Or, maybe I'll have found a job again by then. With the way the job market is looking to me, I'm not so sure if all my savings will be *enough*. So, no, 8 months in the EF is not a whole lot to me. Well … if my unemployment insurance money doesn’t start rolling in pretty soon, I’m going to get a chance to see how long my EF will really last. Theoretically, I have at least 6 months of expenses saved in the EF. In other savings, I probably have another 3 – 4 months worth. Of course, this isn’t covering Cobra. With my former employer, I didn’t have to pay for medical insurance, so Cobra is a new expense for me. I’ll probably only keep that for the first 9 months (until the 65% subsidy runs out) then try and see if I can find private insurance for a similar cost (or less.) Or, maybe I’ll have found a job again by then.

With the way the job market is looking to me, I’m not so sure if all my savings will be *enough*. So, no, 8 months in the EF is not a whole lot to me.

]]> By: SP http://www.countingmypennies.com/2009/03/25/baby-thats-a-big-emergency-fund-youve-got-there/comment-page-1/#comment-2001 SP Wed, 25 Mar 2009 14:30:10 +0000 http://www.countingmypennies.com/?p=981#comment-2001 Currently only 6 mo (ignoring health insurance, but also unemployment). But i'm moving in june/july and then my expenses will go down making it 9 or more months. It took me about 2 full years to consider my emergency fund large enough that it wasn't my top priority. Currently only 6 mo (ignoring health insurance, but also unemployment). But i’m moving in june/july and then my expenses will go down making it 9 or more months.

It took me about 2 full years to consider my emergency fund large enough that it wasn’t my top priority.

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