Why you need an emergency fund

Thor today

A recent picture of Jeff and Thor.

This is Thor. He’s sick. 

Today, I am grateful for our beginner emergency fund. If it wasn’t for that fund, I couldn’t have brought him to the Vet today. I wouldn’t have the money for the overnight stay and the tests that are being run.

That $1,000 emergency fund gives us peace of mind. For now, we just worry about Thor. We don’t know what’s wrong yet. Hopefully, we will know more in the morning.

I know that $1,000 in a savings account doesn’t seem like a lot but right now it’s so important.

UPDATE: Thor came home Thursday at noon. He is still not 100% but we did get him to eat and drink on his own and he had a lot more energy than he did when we brought him to the vet on Tuesday. We are so thankful that we had the $1,000 in the emergency fund and that we have the ability to refill the account next time we get paid. We are very happy to have Thor home.

It doesn’t seem like a lot of money but it is nice to have a small cushion between you and life while you are getting out of debt. It was enough to get us through this emergency and to make sure our cat got the care that he needed.