I haven’t had to use my Emergency Fund since 2010, when I was looking for work. But this week, I will have to take out about $1,000 to cover some costly (and unexpected) expenses.
First, my MacBook Pro’s logic board died. The repair cost is going to be just over $600, and I’m going to be without my computer for a week. I really wanted to get a new laptop, but at this point, it’s just not worth it. My current MBP is fine, and if I were to get a new one, I’d be paying over $3,000 instead of the $600 it would cost just to fix the one I have. Perhaps in 2014 I can look into getting a new computer.
Second, my car windshield cracked. I was moving a bed to a friend’s house when the car in front of me made a sudden left-hand turn without using their turn signal. I had to slam on my brakes … and a piece of wood slid from the back of the car all the way to the front and cracked the windshield. My deductible is $500, and the quotes I have been getting for the repair are around $400.
Thankfully, I should be able to get that money back into my EF relatively quickly. But it’s still a pretty crappy way to start off 2013.