I was saving up our money to get this awesome new leather couch that I have had our eye on, however then the in our beach house stopped working.
When you are an adult & you live in your own home, these are the kinds of taxing decisions that you end up having to make; You never think what is going to go wrong in your house, & so you just about always have to have a fund set up for saving money for that kind of thing.
I l gained the taxing way a couple of years ago to have an emergency plan for things prefer that. In the middle of the Wintertide a couple of years ago, our electric oil furnace went out & I was without a heating plan for a couple of weeks until I could pay for a oil furnace repair. That’s when I figured out that I easily needed to have some kind of general emergency fund so that I could pay for things as they came up. Now, I keep a fund going & I keep it in our little safe & it’s just money. Whenever an emergency service comes up for things prefer our refrigerator or our automobile or our heating & cooling system, I just dip into the general service fund & use that money to service things. I had not had anything breakdown on me for a long time & so I was thinking about using some of the money to buy a new leather couch instead. However, as luck would have it, that has when our air conditioner plan stopped working.