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Personal Finance FAQ

Personal Finance FAQ Series: When Should I Use My Emergency Fund?

We hear planners telling us all of the time to save 3-6 months of expenses in an emergency fund (and sometimes even more than six months of expenses). However, nobody really tells us when we can feel justified in tapping into those reserves. Today’s episode of the Hull Financial Planning Personal Finance FAQ Series deals with that issue. You can also find another example of when to use your emergency fund when I answer a reader question about whether to use her emergency fund after leaving a job.

When Should I Use My Emergency Fund?

What questions would you like to see me answer? Leave me a comment and let me know!

By Jason Hull, CFP®

Jason Hull, CFP®, was the co-founder of Broadtree Partners, a firm that acquires $1-5MM EBITDA companies. He also was the co-founder of open source search consultancy OpenSource Connections, a premier Solr and ElasticSearch firm. He and his wife FIREd (financial independence retire early) at 46 and 45, respectively. He has a BS from the United States Military Academy at West Point and a MBA from the University of Virginia Darden Graduate School of Business.

You can read more about him in the About Page.