For those of you who have emergency savings (generally 3-6 months of expense), do you consider it to be used in case of unexpected and big auto and home repairs or medical emergencies? Or do you save separately for these types of situation?

I feel like I would use all my emergency funds if, for example, my furnace and HVAC unit break down in the same year, so I am leaning towards start saving for those big guys separately...

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I started with just one big emergency fund, then once that got to a comfortable spot, I created additional more targeted accruals - for furniture, property taxes, auto maintenance, etc. This lets me self-insure for the small-to-medium bumps in the road and preserve the main emergency fund for larger issues like an unplanned stretch of unemployment.

I used to only keep enough in checking to pay next month’s bills, but I find even though I’m “losing” money to inflation, I prefer to have these accruals on hand so I can take these things in stride without having to realize gains or losses selling investments to pay for them.

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My emergency fund is only for job loss, emergency attorney/defense fees, bail, etc.

I don't anticipate being fired either. People are wrongfully accused of things every day. The emergency fund is for a doomsday scenario.

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"SIGN ON BONUS will be paid in 2 equal instalments. 1st instalment will be paid at the time of joining *** in the first payroll cycle with a clawback of 1 year period. Second instalment will be paid 6 months after the date of joining with a clawback of 1 year period applicable from the date of completion of 6 months"

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