Comments on: Emergency funds http://blog.excastle.com/2006/09/30/emergency-funds/ Life, .NET, and Cats Mon, 13 Oct 2008 18:11:02 +0000 http://wordpress.org/?v=2.5 By: Restless http://blog.excastle.com/2006/09/30/emergency-funds/#comment-5600 Restless Wed, 07 Mar 2007 13:42:00 +0000 http://blog.excastle.com/2006/09/30/emergency-funds/#comment-5600 Back a few months ago, I started a "self-escrow" savings account at ING. I automatically save $130.00 every two weeks out of my pay to pay for a few expenses that come around as surprises every so often (alarm bill, homeowners' association dues, car insurance and flood insurance), plus a little padding. <br> <br>When our six month premium for car insurance was due earlier this week it was a lot nicer to transfer the money out of that account and write a check rather than have a whiparound for the cash and wonder which Peter I was robbing to pay Paul. Back a few months ago, I started a "self-escrow" savings account at ING. I automatically save $130.00 every two weeks out of my pay to pay for a few expenses that come around as surprises every so often (alarm bill, homeowners’ association dues, car insurance and flood insurance), plus a little padding.

When our six month premium for car insurance was due earlier this week it was a lot nicer to transfer the money out of that account and write a check rather than have a whiparound for the cash and wonder which Peter I was robbing to pay Paul.

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