They’re funny things, Accidents. You never have them till you’re having them.

A month ago, I was riding my Empowerment Vehicle (motorcycle) home from a friends house at 2AM one Sunday night.  I had a lapse in judgement, and ended up flying over the motorcycle, landing on pavement, sliding across an exit ramp, and landing in the bushes.  This obviously wasn’t planned, or wanted.  I have no health insurance, and it hasn’t been overly pleasant.  I’m temporarily in a wheelchair, and will be for another month it looks like.

These life accidents happen to all of us at one time or another. I’m blessed to have many good close friends who care about me, and are doing their best to help me navigate life from a disabled perspective.  And I’ve been lucky enough to put a positive spin on this, and see it as a great learning experience about experiencing life on 4 wheels instead of 2.  But I want to talk about savings (or the lack there of).

It’s the loss of income that’s really sucked.  I haven’t been able to work much at all! Provided there are no more unexpected expenses that rise up, it looks like I’ll pull through this ok financially, and end up with a manageable debt of about 5-6 thousand.

I know that I’m really blessed in this way, I’ve had many friends who have gone thru unexpected life changes that have altered their income, and raised there expenses and are still trying to recover.  It doesn’t take much.  For me it was about 30 seconds all told, and will lead to 2 months of wheelchair time, and lots of asking for help, and lots of brand new expenses!

This has made me think about how to save and plan for these events.  They WILL happen in your life, they happen to all of us in different degrees, but how we manage to plan ahead for these, and how we handle them when they come up make a world of difference.

Lots of Financial experts(cause I was off searching about this) will say we need 3 months of living expenses (but they really want us to have 6!) in a Money Market or Savings account just lying about, and banks give you huge deals and love  you WAY more when you are able to have that kind of money it turns out.  For me three months is only about $3,500.00 or so all told (I live cheaply), but even this is a big number to have laying about!

Financial experts seem to always come across like we can easily come up with this kind of money, but so many of us already live directly off of our income, and have no wiggle room.  But even if we can only put 10% of a single call a week away, it will add up.  The hardest part, is deciding what constitutes an emergency to go spend that money.  For me, it’s the new motorcycle protective gear, so I can go feel empowered and graduate once again from 4 wheels to 2.

P.S. If you can tell the author of the title of this post, you’ll know one of the smartest people I know in all the world!!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: