gavra: That is my question: should we open a HELOC instead of trying to put aside $20/week (when we’re just making it)?
HELOC advantages over savings:
1) no additional strain on budget
2) lots more cash available than the small amount that would be in savings.
Savings advantage:
The money is yours for the taking- no repayment.
Conclusion:
We should try to save $20/week as hishtadlus. Should it be decreed that we’ll suddenly need lots of cash, Hashem will determine whether it will come from HELOC or some other means.