Sentences with phrase «to dip into one's emergency fund»

None of these situations are worth dipping into your emergency fund over.

That way we will be prepared when those bills roll around without dipping into emergency funds or freaking out.

Having this money in a different account will prevent you from dipping into that emergency fund if you're just a little short of your goal.

If you're like most people, you may have had to dip into your emergency fund over the years.

You should not be able to dip into your emergency fund because you ran up on a shoe sale at Macy's!

However, it can also be much easier to dip into your emergency fund for NON-emergencies because of your limited willpower.

Eric asks if there's ever a time to dip into his emergency fund in order to pay off his home early.

Yes, you'll need to take risks in business but if that involves dipping into your emergency fund, retirement, the kid's college fund or going into high - interest debt, take a step back and reconsider.

@jwg I'm not actively looking for these opportunities, but if an amazing deal falls into my lap, I am happy to dip into my emergency fund while I take the time to tap into my other resources.

When those events happen, instead of dipping into your emergency fund, you could instead use money from your sinking fund.

For example, our common goal account is currently to pay for our honeymoon, I would not want to dip into our emergency fund for that and separate accounts definitively helps determine what goes where.

If your furniture is damaged in a flood, most renters in South End Columbus will have to either obtain a loan or dip into their emergency fund in order to refurnish the house.

That way, if you lose your job unexpectedly or you miss work because of an illness, you can stay afloat in the short - term without having to dip into your emergency fund.

You may have to dip into your emergency fund to cover an unexpected expense.

Dipping into its emergency fund, the state of Ohio has loaned almost $ 1.5 million to a financially ailing school district and has told it to eliminate some 25 staff positions before applying for another loan.

If you dip into your emergency fund too often, it just becomes an extension of your checking account!

In these situations, it makes sense to dip into your emergency fund to cover an underestimated known unknown.

When investors look at that growth, they see evidence that the state is safe from the problems that could cause it to dip into its emergency funds.

If you're following Dave Ramsey's seven Baby Steps, you have two options: dip into your emergency fund or start a savings fund.

How many times do you find yourself dipping into your emergency fund just because it's easy access?

If an unforeseen event occurs, like a major car repair, an unpredicted medical expense or a tree demolishing your garage, dip into the emergency fund.

This way, you can avoid putting your pricey purchase on your credit card or dipping into an emergency fund.

This will help guide you in understanding when you can dip into your emergency fund or not.

Similar to some others, we dipped into our emergency fund and savings to pay for a portion of our house so we didn't have to take out as large of a mortgage.

We dipped into the emergency fund, if memory serves, twice during our debt reduction process.

You may have to dip into your emergency fund to cover an unexpected expense.

You'd probably have to dip into your emergency fund, which you might think is fine — after all, it's for emergencies — but you could have avoided it altogether with renters insurance.

With no life insurance, the survivor may need to dip into the emergency fund or retirement account, if there was one, or rack up more credit card debt.

Having life insurance in place for your spouse in order to cover these expenses can be a much better alternative than dipping into your emergency fund or investments — or worse, putting these costs on credit, with a balance to pay off for many years.

Dip into your emergency fund to cover the costs, leaving your retirement funds to keep doing their job.

You'd probably have to dip into your emergency fund, which you might think is fine — after all, it's for emergencies — but you could have avoided it altogether with renters insurance.

It's okay to dip into an emergency fund to cover those basic needs you outlined in the last step.

Disability insurance payments can help you continue covering your living expenses and financial obligations, so you won't have to dip into your emergency fund or 401k, or rack up credit card debt.

Without a steady source of rent, investors must dip into their emergency funds, easily depleting them within a few months and leaving a gaping income hole.