Thankful for Emergency Money

My uncle passed away yesterday.  He has been ill for a while and it wasn’t a surprise.  I want to go to the funeral, as a sign of respect and possibly to be helpful.

Times like these make me very happy that we aren’t living paycheck-to-paycheck.  It is going to cost a bit of money to get there, stay, and have someone watch the kids.  I think it would be very sad if I couldn’t go because we couldn’t afford it.  There have certainly been times in our life when this would have been an expense that would end up on our credit card, probably for a very long time.

Yet another reason I’m thankful that we’ve built up an emergency fund.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • Leisha

    I am working towards that goal of having an emergency fund myself! I can’t wait until I get to that point where I have the money handy in savings for emergencies that come up. One day at a time I am getting there!

  • Tania Kilbane

    I agree I would love to start one soon.There has been many times I’ve needed money for something important and didnt know how i was gonna pay for it.