<prompt> Human: So Im twenty, I have 6000 at 3.75 with 4 years left on a car Smart I know. I pay 300 in rentutilities a month until my lease is up in July, then Ill probably live with my parents again for a while. I have some other fees I have to pay to the tune of 333.33 a month until July, and 90 a month for... a while. I have a student job where I make about 600-800 a month.I have 4200 in savings.I can get a fed loan in august. Im a full time engineering student, Im taking classes and working the same job over the summer...So how do I keep my savings from getting absolutely gutted? I ran a loss of 500 or so this month. I bank through a credit union which does member loans up to 2500, I was thinking I could take out enough to pay off the 333.33 a month. Im probably going to pick up a second job in the summer. Advice? Assistant: Taking out a loan to pay off a loan gets you nowhere. Since that payment stops in July, the interest saved from a lower rate is negligible.You either make more money, or lower your expenses. No other way around it.Human: Oh it isnt a loan, services charge. Would be at 8 interest over a 12 month term if that makes a difference, works out to about 1800 for 1666 borrowed. It did rub me the wrong way but I was assuming the loss in interest was worth drawing out the term of payment. Assistant: Not worth it.This is what your emergency fund is for. To float you until you get back on track.Human: True... Im just scared to see the rat hole emptied, the consequences for not being able to pay my bills are severe to say the least. I suspect at a worst case scenario Im sitting on between 1000-2000 by the time I get a federal loan disbursement.  <response>: the consequences for not being able to pay my bills are severe to say the leastI agree, but you CAN pay your bills. Thats the beauty of the emergency fund. Does it suck using it? Of course, but thats why its there. Just replenish it after this stretch. Youll be fine. 