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re: Tips for paying off debt?
Posted on 6/25/15 at 9:24 am to iknowmorethanyou
Posted on 6/25/15 at 9:24 am to iknowmorethanyou
quote:
5000 plus. New AC for a homeowner and one is back on the road to poor.
Agreed. Going through this now. Thankfully I didn't go with Dave's $1k philosophy.
Posted on 6/25/15 at 2:09 pm to bwallcubfan
quote:
Thankfully I didn't go with Dave's $1k philosophy.
Dave Ramsey is simply out of touch with reality if he truly believes $1,000 is a good starter emergency fund. If anything, $5,000 is a good beginning to an emergency fund in today's reality. $1,000 may have been good enough to start with in 1995 or 2000 but not in 2015.
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