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Money and Finances
Reply to "How do you pay for a "big ticket" item?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We try to cash flow most things. If something costs more than what we can cash flow, we take it out of savings. [/quote] This is what we do. [/quote] Us too, although I also have a small "short-term savings" account with ING (Capitol One now, I guess) that is separate from our larger emergency fund. I usually have about $2500 in there. I rarely use it but probably will in a month to pay higher than expected taxes. I keep it separate mostly for psychological reasons - I found that if I took money from emergency savings I'd stress about putting it back, but felt more breathing room with the smaller fund because it's not counted as part of our overall net worth. Weird, I know. But it works for us. [/quote]
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