Tales from Newlywed life: When Your Home Needs Repairs | The Budget Savvy Bride
The Budget Savvy Bride

Last Friday morning, I was enjoying a bowl of cereal on the couch when E came down and informed me that we had no hot water. He’d just taken an icy cold shower. Now, the thought of a cold shower pretty much makes my skin crawl. E says that my showers are almost nuclear temperatures, and that he can’t believe my skin doesn’t burn off. What can I say, I just like it hot! Well we didn’t know if it was a temporary problem because the temperature has dropped pretty drastically in Nashville and we even got some snow, so we decided to wait it out. When we still had no hot water on Saturday, we decided to call a plumber.

They were all booked up on Saturday, so we would have to wait until Monday. Considering our water heater is only 2-3 years old since our house is only 2-3 years old, we were a little concerned with why there would be a problem. We were able to take showers at E’s parents house on Sunday when we visited for dinner, thank goodness! Well the plumber came out on Monday and it ended up being the thermostats on the water heater that needed to be replaced. Bummer! So there goes an unexpected $250… *sigh*

The good thing is that we have an emergency fund set up for just this purpose. Unexpected expenses such as home or car repairs come out of our emergency fund. It’s important to have an emergency fund so you don’t find yourself piling debt back on if something bad happens. I learned about emergency funds by reading Dave Ramsey’s book, Financial Peace, when I graduated college. Supposedly you should have 2-3 months worth of income in your emergency fund in case you lose your job or something prevents you from working, so you have time to figure things out before you can’t pay your bills anymore. Either way, $250 is alot of money… and i’m sad to see it go…

Do you have a special fund set up for major repairs?

Jessica is the creator of The Budget Savvy Bride; she launched the site in May of 2008, shortly after becoming engaged. Jessica has been recognized as a budget wedding expert by various media outlets and continues to share realistic inspiration and actionable tips to help brides save money on their weddings. Google

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  1. The back up plan is a good idea. I can use Way2Save funds from Wachovia for an emergency back up, but my future MIL gave us the Dave Ramsey books. Did you enjoy reading them? We haven’t started them yet.

    • Corie
    • January 14th, 2010

    I have an emergency fund set up for just this reason! I transfer money into it every time I get paid and it’s not at the amount I’d like it to be yet, but it’s getting there.

  2. I HATE cold showers too – Derik loves the scalding showers that you must love :) ha! Sorry you had to pay $250 – who loves that!? :/ thankfully (knock on wood) we haven’t had to prepare anything major… but you should go read my blog about my wonderful fire alarm story – ugh! haha!

    • Terri
    • January 14th, 2010

    As a homeowner, you should consider a home warranty. It will save you quite a bit of money, especially in terms of very expensive repairs. American Home Shield is my company of choice.

    • Sarah
    • January 14th, 2010

    I have read Dave Ramsey’s Total Money Makeover and live by (most of the time). I slip up every once in a while but I watch his show on Hulu to get re-motivated. Right now my fiance and I are saving for our wedding. We want to pay for every bit in cash. I still have my $1000 emergency fund though just in case.

  3. I haven’t read any of Dave Ramsey’s books, but he’s frequently referred to in the personal finance blogs I read. (These blogs are great at reminding me not to buy all of the cute things I see featured on other blogs.)

    $250 stinks, but it’s great that you have an emergency fund. We fortunately have an e-fund that will luckily cover us quite a while if I were to lose my job (my husband’s in school, so we need more than 2-3 months for one income).

    My goal this year is to learn more about hone maintenance and things I can do to fix minor problems before they become larger. We only have a condo, which limits are repairs somewhat, but there’s still so much that can go wrong! That reminds me, I need to schedule an appointment to get our garage door fixed!

    Congrats on the new home!

  4. great advice, especially since we will will FINALLY be home owners at the end of the month.

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