Not to sound like a broken record, but I figure my past real experiences and epic fails are a good conversation starter.
Laugh at my pain, why not?
We’re talking about emergency savings again folks.
So, here’s the story:
It seemed like right after we got financially responsible and I quit my job to run my business full-time…
All types of emergency expenses came up and bit us in the ass.
If we didn’t have emergency savings we would have been grass.
Here’s another fun story:
My husband Marc was sewing at about 12 AM. (No lie, this is a true story.)
While he took a break in the bathroom the cat jumps on top of our ottoman, swallowed the needle, and starts convulsing on the floor – all of this in time for his return.
Thank God he caught him in the convulsing phase because a few minutes afterward Zeus was acting completely normal.
We searched around for the needle hoping that he may just be acting strange.
Still acting 100% normal we went to the emergency vet hospital anyway.
They did an X-ray and…
To our unpleasant surprise he had a very large needle stuck between his esophagus and stomach.
My poor, poor child.
And my poor, poor wallet. $3,000 worth of vet bills.
I know some of you are thinking… I would never spend that much on a cat.
That’s a valid statement. However, what could you do instead?
A. Put him to sleep.
B. Hope he’ll pass it.
C. Watch him convulse while making a decision to have it removed.
None of these sound too humane to me.
So, we went ahead with the most affordable surgery option – they used a mechanical arm to pull the needle from his throat.
How fancy? We thought about putting together money from our emergency savings to pay for it right there and then.
But decided it wasn’t a good idea.
That would leave us with much lighter emergency savings account and the thought made me uncomfortable.
So we settled on the Care Credit program.
Totally easy to sign up for no interest for 6, 12, or 24 months depending on your medical expense, income, and credit. This card can also be used on human health expenses.
I definitely prefer not taking out credit in most situations. Of course, this is out of the ordinary.
Right now we have a cat walking around with dollar signs over his head. He’s licking his lips after a nice little snack of canned tuna.
And both of us could care less about the money, he’s alive!
The Lesson Here?
Be prepared for anything to happen. Because anything will happen.
Update: We repaid the debt before the interest free period end, so it’s all good 🙂
You know, just in case you’re wondering.
— This post or page may contain affiliate links. Don’t worry, though. I only promote products that I’ve used or truly believe in.
Grab the Checklist "100+ Things to Cut From Your Monthly Expenses"
Subscribe to get the list and to get weekly Tay Talks Money Insider emails on saving, making more money, and being productive... booyah!