01-20-2017, 12:24 PM
Having just purchased a newly built house, we have a bunch of builder and manufacturer warranties that will serve us for a while, so we're good there. I am a firm believer in maintenance though, as Julie said have the HVAC people come out once or twice a year, etc.
I'm with Chris as far a slush fund, we just keep cash on hand for anything emergency related with no specific "stuff broke on our house" funds. But again our house is brand new so ideally anything we are spending is on improvements not emergencies (since we have homeowner's insurance of course). I try not to keep a *ton* of liquid cash on hand where it isn't making money for me in investments but we carry about 6 months reserves with a big chunk in easily liquidated funds if they are needed.
I'm with Chris as far a slush fund, we just keep cash on hand for anything emergency related with no specific "stuff broke on our house" funds. But again our house is brand new so ideally anything we are spending is on improvements not emergencies (since we have homeowner's insurance of course). I try not to keep a *ton* of liquid cash on hand where it isn't making money for me in investments but we carry about 6 months reserves with a big chunk in easily liquidated funds if they are needed.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks