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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

By the end of 2007, our business was picking up again and we were gaining some momentum, but not before we practically wiped out our emergency fund with only $2000 left to spare, not enough to get us through one more month. It was a life saver, a sanity saver and a marriage saver. What is considered an emergency? It is for emergencies.