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[quote=Anonymous]Do you have one?
- Yes

How much is in it - both from an actual dollar perspective, and from a months-of-expenses perspective?
- $35k, but it will be 40K soon with my upcoming bonus. The 40K would cover 10 months of basic expenses (mortgage/PITI, food, utilities), assuming I'm collecting unemployment. I'd like to get it up to at least 50K, with another 50K in bonds or CDs.

Where do you keep it?
- money market earning very little.

What is it intended for, i.e., how do you define an "emergency"?
- For a true and extreme emergency - Job loss, uncovered medical care, emergency travel, or major home repair that can't be covered by a HELOC or what is in my short term savings.

Do you have a separate fund for unplanned yet expected expenses, like big home repairs, or do you lump it all together?
- Yes, I have $11K in my short term savings account, which I funnel about 10K/year into via reimbursements from my employer, health care and child care savings accounts, etc.  I like to keep at least $5-8K in there for major and unexpected car or home repairs, and the rest is more murky - I may pull the trigger on some home repairs/maintenance, or a nice trip, or for a downpayment on a new car.  Haven't decided yet.

Have you ever used it? What for?
- No[/quote]

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