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Author: FloatinFool One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309654  
Subject: I'm an Accidental Believer (little long) Date: 7/3/2002 3:17 PM
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I'm marking a kind of milestone today.

I never meant to start an e-fund. It sort of happened by accident. DH and I live on a houseboat, and our slip fee is due annually each summer. Last summer, as the due date approached - so did complete despair! We *somehow* managed to scrape together the $4800 by maxing out some credit cards and cashing in some old savings bonds. I know, I *know*. But it was SUCH a struggle, and SO uncomfortable, that I resolved to set aside the $400 each month as if I were paying MONTHLY instead of ANNUALLY.

May. June. July. August. I had a little over $1600 in that fund when DH had his massive stroke late in August. Life went completely topsy-turvy. DH was hospitalized for 3 months, and in no condition to work when he came home. Mercifully, I was sitting on a heap of vacation time at work, so I continued to receive full-time paychecks, even though I was only putting in a few hours each week at the office.

September. October. November. I continued to save the $400 - for the SLIP FEE. $2800. Then I ran out of vacation time. Our income dropped to 25% of what we were BARELY making it on before.

BUT, there was this little pile of money. And it turned out to be JUST enough to ride us through. Along with a little help from our family, our friends, and our church.

Today is the first day that I've been able to come back to work full-time. Which means we've learned to live on a LOT less, and now I'll be able to save more than I used to. I've certainly learned a valuable lesson about emergency funds.

I hope my experience never happens to any of you. But if unexpected, life-changing disaster does strike, I hope you have an e-fund to help you ride through to the other side.

Thanks for reading,

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