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Old 05-09-2006, 10:18 AM
robex robex is offline
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Default Re: What do you do with your emergency fund?

We have $10,000 in a savings account. In January 2006 I started buying a $500 GIC every month, and hope to be able to do so for 2006/2007. Dh and I both work part time and so if one of us lost our job, that $1000.00 a month, plus some cutbacks, and not including unemployment, would be enough to easily cover our expenses for a year. That's my little plan anyway--fingers crossed we won't have to check it out!
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