There were several comments about what great stewards we are, because we have the emergency fund. Those comments made me feel like such a fraud... so I am going to reveal the truth about the emergency fund.
When we started the financial peace class I was not necessarily a willing party. I wanted to get out of debt, but I was pretty sure that if we couldn't pay the electric bill every month on time that there was noooooo way we were going to pay off any debt. I just couldn't see how we were going to scrounge up the extras to pay things off... and there was nooooo way I was getting rid of my cell phone or the cable.
Anyway, it took a bit of attitude adjustment on my part, but we put the money away when I got paid last summer. Here is the sad part... even then, I wasn't really a willing party... I gave the money to Robert and told him to put it in the bank... but I made it clear how unhappy I was about it... I mean, come on, I can think of plenty of other ways to spend $1000... which I have reminded him of on several occasions since the opening of the savings account.
So... thanks for the compliments... but I just thought I needed to confess that although the behavior was right my attitude definitely stank/stinks about the emergency fund.