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Money and Finances
Reply to "Define Emergency"
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[quote=Anonymous]When I think of "emergency" I think of sudden, unexpected, and large $ amount. Most likely would fall under the following categories: -job loss -death of immediate family member -serious illness -natural disaster My emergency money is probably more tied up than most people's. But I figure in most cases I'd have time to pay for that emergency (job loss usually involves notice, for example). For illness, bills usually take awhile to arrive. Natural disaster would probably involve a smaller amount of money in the short term (hotels, gas, etc.), and more in the long-term (fixing a house, moving, etc.). But if I absolutely needed money immediately, I have a high credit limit on my credit card. If I cannot use my credit card, I have a home equity line of credit I can write a large check against. That's the plan anyway. [/quote]
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