tag:blogger.com,1999:blog-4124230417419782159.post687096934087994926..comments2023-07-05T05:13:25.407-07:00Comments on Clawing our way to financial independence: What is an emergency to dip into the Emergency Fund?Wooly Womanhttp://www.blogger.com/profile/02196056560898804274noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4124230417419782159.post-83584808298677710942007-08-02T13:47:00.000-07:002007-08-02T13:47:00.000-07:00I hope you get a good response from the bank, it w...I hope you get a good response from the bank, it was thier mistake and you should not be penalised for that so good luck.<BR/><BR/>I think an emergency is an unexpected essential expense that can't be delayed, a health problem like my hubbys broken tooth or a living essential like jw's plumbing.Louisehttps://www.blogger.com/profile/08524541468790905722noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-35668356435058468322007-08-02T08:48:00.000-07:002007-08-02T08:48:00.000-07:00Good luck with talking with the bank! You're good ...Good luck with talking with the bank! You're good at that kind of stuff anyway. :) Let us know how it goes!krystalatworkhttps://www.blogger.com/profile/13549147846423300947noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-51490520018941184372007-08-02T07:50:00.000-07:002007-08-02T07:50:00.000-07:00Thanks for all your great comments! I am going to ...Thanks for all your great comments! I am going to phone the bank branch today- the telephone banking people suggested I may get compensation from the branch since it was their mistake. I am not holding my breath but it doesn't hurt to try.<BR/><BR/>Angie, we call ourselves Woolys because of my husband's last name. It is Ukrainian and Wooly is his nickname. Also, it is a play on words since once of my hobbies is spinning wool. A friend suggested the "Wooly Woman" and I loved it so much I immediately adopted it.Wooly Womanhttps://www.blogger.com/profile/02196056560898804274noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-64799163098935082522007-08-01T23:20:00.000-07:002007-08-01T23:20:00.000-07:00Would it have made sense to propose paying half of...Would it have made sense to propose paying half of it with your emergency fund and then the other half in increased payments? I am just wondering here.<BR/><BR/>Also, if you increase your mortgage payments, does that mean that you'll be paying more in interest? I don't get it.<BR/><BR/>Btw, why do you call yourself a wooly?Angiehttps://www.blogger.com/profile/09476377926002491671noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-7427214146205495542007-08-01T19:49:00.000-07:002007-08-01T19:49:00.000-07:00I think you did the right thing since using the em...I think you did the right thing since using the emergency funds would not have reduced your debt and not improved your situation.<BR/><BR/>I would classify an emergency as any instance where you have to use the fund or you couldn't live/put food on the table/pay debt.Thicken My Wallethttps://www.blogger.com/profile/10760590873687255498noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-54141277089466690232007-08-01T17:01:00.000-07:002007-08-01T17:01:00.000-07:00I think you did the right thing.Good question abou...I think you did the right thing.<BR/><BR/>Good question about what exactly constitutes an emergency.<BR/><BR/>MikeFourPillarshttps://www.blogger.com/profile/02300805708410177930noreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-86814742953761494932007-08-01T16:37:00.000-07:002007-08-01T16:37:00.000-07:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4124230417419782159.post-31490032388730176272007-08-01T16:30:00.000-07:002007-08-01T16:30:00.000-07:00Hmm. I think an emergency is something that is he...Hmm. I think an emergency is something that is health related or something that impedes you from making money - such as a car breaking down and you can't get to work. <BR/><BR/>I think you did the right thing. However, can you argue that the bank made the mistake and have them absorb it? You gave them instructions and they miscalculated. How's that your fault?mariamhttps://www.blogger.com/profile/17200271999720319253noreply@blogger.com