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- There is no way to prepare yourself
- for every contingency. That's
- why we recommend an emergency
- savings. There are many periodic
- and sporadic expenses that can be
- anticipated. For example, vehicle
- maintenance and repair seldom
- decline. Plan for 10 to 20 percent
- more in repair bills as car ages.
- Actual car repairs will depend on
- the make, model, age of the car,
- etc. Household maintenance,
- repairs and appliance replacement
- should also be anticipated. Check
- the average life of your various
- appliances, average life of an
- exterior paint job, etc. Keep all
- budgets and other records to help
- with projections.
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