Quote Originally Posted by Ultralight View Post
Uh... what?
Quote Originally Posted by Ultralight View Post
Next month I will have to spend roughly half my emergency fund on Harlan's dental care. Then in November I will have to spend the other half on car/renter insurance.


I will save the $1,000, then hammer at the medical debt, then build the real emergency fund.
Quote Originally Posted by ApatheticNoMore View Post
no you can postpone student debt if you are unemployed, so not immediately (perhaps eventually)
My brain and typing do not agree. Yes he would have postponed until employed again and then thrown the money at the debt.

Quote Originally Posted by Ultralight View Post
Debts:
$645 medica bill
$165,000 student loan

Can you explain more? I don't get what you are saying.
So your learning to budget, so known expenses are not emergencies. That is good.
However you said in that first post, that you were going to build that real emergency fund, which is step 3.
http://www.daveramsey.com/baby-steps

So, in your case, until step two is done, your going to be building a HUGE, $165K in the bank fund, and when you do actually get your loan(s), forgiven, then you would use that money to build your emergency fund and start investing for retirement. Not before.
If your loans are NOT one giant loan, but several, then you still need to be forthcoming and list them as separate. Then following the program, which you think is crazy, you would be somewhere between your estimates of what you would pay, and what you stated you thought was crazy.