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Can we talk about a money tip I heard at the coffee shop?

I was waiting in line and this guy was telling his friend he puts $25 from every paycheck into a separate account just for car repairs. He said it saved him from using a credit card when his brakes went out last month. Do you think a set amount like that works better than just saving what's left over?
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3 Comments
nancycooper
Honestly, that's smart. But how does he figure out the right amount, like does $25 even cover a big repair?
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jennifer204
Yeah, "how does he figure out the right amount" is the real trick, my mechanic always says I drive a money pit.
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eric_knight7
My friend's car fund saved him when his transmission went, so yeah.
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