Just last week, our air conditioner failed. In many parts of the country and this time of year, that wouldn’t be such a big deal. I live in the Southeast. It doesn’t get cold here for long and the temps during this time of year can easily reach 30°C or higher. Thus, AC is an important component of a properly functioning household.

Fortunately for us, this week has been pretty temperate. Typically we’ve had temps around 25-27°C, which is almost perfect. Couple that with ceiling fans and a house that doesn’t really get much direct sunlight (except the mornings), things were relatively okay.

Today, I’m working from home as these two fine gentlemen rip out the old air-handler and the outside unit, plus replace the thermostat with one that the manufacturer recommends (in this case, a Nest). I’ve gotten to thinking about a home savings account. I know there are insurance plans for this sort of thing, but I’d rather have a savings account where money goes into without my interaction and when stuff like appliances fail, or we need a new AC unit, we can dip into that fund.

Since I’m not really versed in finance, and I tend to spend money rather freely, I think this is pretty sage advice. Saving is not a new concept, but saving for these kinds of issues seems like one of those things that no one ever told me about in school. That also makes me wonder, are there any other types of personal financial tips or tricks that are simple in theory, but unless you stumble into it you wouldn’t know about them?

By Nathan DeGruchy

IT Support extraordinaire. FOSS lover and proud Husband and Father.