Comments on: Saving For A Car http://frugalbabe.com/2008/08/04/saving-for-a-car/ A rich life without a lot of money Fri, 10 Feb 2012 16:44:00 +0000 hourly 1 By: FrugalBabe http://frugalbabe.com/2008/08/04/saving-for-a-car/#comment-23703 FrugalBabe Tue, 05 Aug 2008 20:16:55 +0000 http://frugalbabe.com/?p=454#comment-23703 bleh bleh, We thought about that. But we consider our emergency fund to be for unforseen things that we can't really plan for - stuff like a major drop in income, or something that requires us to meet our home-owners insurance deductible, etc. (we have an HSA in case we need to meet our health insurance deductible) Buying a car is something we know we'll eventually have to do, so we'd rather plan for it a little more aggressively. bleh bleh, We thought about that. But we consider our emergency fund to be for unforseen things that we can’t really plan for – stuff like a major drop in income, or something that requires us to meet our home-owners insurance deductible, etc. (we have an HSA in case we need to meet our health insurance deductible) Buying a car is something we know we’ll eventually have to do, so we’d rather plan for it a little more aggressively.

]]> By: Frugal Trenches http://frugalbabe.com/2008/08/04/saving-for-a-car/#comment-23693 Frugal Trenches Tue, 05 Aug 2008 19:20:47 +0000 http://frugalbabe.com/?p=454#comment-23693 I love that last sentence inparticular, that is exactly how I feel. I'd rather save for emergency fund, retirement, travel, house etc then meals and drinks I'll never remember! I love that last sentence inparticular, that is exactly how I feel. I’d rather save for emergency fund, retirement, travel, house etc then meals and drinks I’ll never remember!

]]> By: Movingonup! http://frugalbabe.com/2008/08/04/saving-for-a-car/#comment-23690 Movingonup! Tue, 05 Aug 2008 16:41:35 +0000 http://frugalbabe.com/?p=454#comment-23690 Good for you for saving up for a car. I hope to start an account soon. Good for you for saving up for a car. I hope to start an account soon.

]]> By: bleh bleh http://frugalbabe.com/2008/08/04/saving-for-a-car/#comment-23657 bleh bleh Tue, 05 Aug 2008 00:37:35 +0000 http://frugalbabe.com/?p=454#comment-23657 Just a thought - wouldn't replacing or repairing one of your vehicles constitute an emergency? If so, maybe you could put the extra $200 towards paying off your HELOC instead. Then, when it is paid off, start saving for a replacement vehicle. I guess this would work best if your HELOC payoff date is reasonably soon. I probably wouldn't want to count on nearly 20 year old vehicles too much longer. Anyway, I have always found that I tend to 'notice' more progress on things when I don't have too many pots on the stove, so to speak. Just a thought – wouldn’t replacing or repairing one of your vehicles constitute an emergency? If so, maybe you could put the extra $200 towards paying off your HELOC instead. Then, when it is paid off, start saving for a replacement vehicle.

I guess this would work best if your HELOC payoff date is reasonably soon. I probably wouldn’t want to count on nearly 20 year old vehicles too much longer. Anyway, I have always found that I tend to ‘notice’ more progress on things when I don’t have too many pots on the stove, so to speak.

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