Thursday, July 7, 2011

Dave Ramsey?s $1,000 Starter Emergency Fund: Why It?s So Important

Perhaps you've read the book, The Total Money Makeover by Dave Ramsey. In it you'll find that Dave has you start your total money makeover with $1,000 saved in the bank. For some of you that might seem like a lot of money. But for most of us, I'd argue it takes very little time to save up $1,000 if we put our minds to it. Why does Dave suggest such a small baby step?

Source: http://christianpf.com/dave-ramseys-1000-starter-emergency-fund-why-its-so-important/

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