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Reply to "Tell me about your emergency fund"
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[quote=Anonymous]We have 10K in an account at ING Direct, or whatever they're called now. We are a Foreign Service family so our expenses are very small. If we work private sector again, or a more traditional government job, I will up it to whatever 4 months of expenses are at that time. I don't expect a job loss because our job is fairly secure, government shutdown not withstanding. :-) It's meant to cover a medical emergency, a need to buy plane tickets home, or something like that. We also own 5 rental properties, and I keep a 30K fund for those. It is designed to cover a new roof, a flooded basement, something like that. HTH![/quote]
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