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I guess for the time being I shouldn't worry about the car, but I don't feel comfortable with just 1000 for emergencies. I think a more reasonable number is 3000 in my situation. I think of it as buying a little more insurance on my assets.
I think if you are single with no responsibilities, or house, then by all means save 1000 for your emergency fund.
We are married with a house. I still think you need to think about needs versus wants. I know we sometimes throw moeny knstead of time on a project
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