I’ve been listening to Dave Ramsey’s radio program for more than five years. I’ve attended his Total Money Makeover Live Event. I’ve read all of his books, including The Total Money Makeover: A Proven Plan for Financial Fitness and Financial Peace Revisited. I’ve watched his DVDs and I’ve listened to his CD’s. In other words, I’m a huge Dave Ramsey…
Category: Emergency Fund
Emergency Fund: The Breakdown
If you read my last post, you will see a comment from Living Almost Large. This post was inspired by LAL’s comment… Emergency Fund: The Breakdown: How Much? $20,000 (16K w/ ING, 2K w/ Tradeking, 2K w/ Primary Checking) Why $20,000? Our monthly (necessity) spending = $3000.. 3K x 6 months = 18K. So, I wanted at least 18K to…
The Power Of The Emergency Fund
Five days before Christmas, our clothes dryer died. I had a friend (who is an electrician) come look at it, and the motor is kaput. It would cost as much to fix the dryer as it would to replace it. But, this article is not about the dryer. This post is about peace. You see, I have an emergency fund:…