Seven Ways to Save $1,000 for Your Emergency Fund
Dave Ramsey, financial guru who has helped so many families get out of debt, recommends that most of us start on the path to financial solvency by first saving up $1,000 toward an emergency fund. By having a solid emergency fund, we are less likely to go into debt, should the unexpected happen, such as the home furnace needing to be replaced, the car needing to be repaired, or the experience of a medical crisis. Saving that $1,000 is the first step of Ramsey’s overall get-out-of-debt plan. How can you save that much when there doesn’t seem to be any … Continue reading