Emergency fund…can we use………

Ok I have a question on this…dh and I have devoured Dave Ramsey’s book and another called “Rich Dad, Poor Dad” by Robert Kiyosaki. He was featured on Oprah a few weeks ago. Anyway, here is my question. We own our own business, for which dh keeps a business acct. Then I have a checking account, which covers household expenses.

Dh writes me a check out of the business account each week for $400 to cover the household stuff.

Anyway, he always has a running balance of at LEAST $10,000 at all times in the business account. Can we use this/consider this our EF? If such an emergency was to arise, we would definitely pull that money to use it. Just wondering if I needed to set up a separate acct for that.

IMHO I would have an emergency fund before Idid debt reduction. Our emergencies in 23 years have included such things as pets being runned over emergency vet bills, unforseen plumbing and electric problems, teeth braces, root canals, eyeglasses, replacement of lawn mowers, edgers replaced dishwasher stove refrig and washerdreyer in a period of 8 years. I also think it is a good thing to have your cars tuned up once a year for about $160.00 and ask him to look at belts and hoses for you . We have been without a car for a dumb reason like not seeing a belt was almost worn off. Even though Honda s are rated number 1 my bf just spent close to $4000 fixing up her sons “92 Honda and we replaced our transmission on our Honda that was 9 years old at the time. What I am saying you never know. We had one month where emergencies were $1400 over my husbands monthly income. Of course I know we get more than our fair share of financial emergencies so I am very cynical about this.