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Podcast: The Jesse Mecham Show
Episode: Never Spend Your Emergency Fund Again
Description: Jesse lays out a strategy for managing unknown expenses without continually dipping into your emergency fund. Traditional budgeting advice tells you to create an emergency fund for dealing with unforeseen expenses, but often people end up using their emergency funds for irregular, but foreseeable expenses -- things like new tires, new cars, A/C repair, etc. They don't happen regularly, maybe only every several years, but if you look into the future you know they are coming. Â For YNAB'ers that are following Rule #2, Embracing Your True Expenses, these aren't true emergencies, and they are already c...