|
| Posted By |
Message |
hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
|
Dave Ramsey??
Is anyone familiar with him? He says you should save $1,000 emergency money first before you pay off your debts. How can you do that if you have cc bills to pay each month?
|
Posted 7/29/06 9:50 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
leighla
Support Cancer Research
Member since 5/05 16353 total posts
Name:
Lauren
|
Re: Dave Ramsey??
I've never heard the $1000 before, but I have heard that you should have at LEAST one month's worth of bills saved in case of emergency and then pay off the credit cards.
We have $200 automatically deposited from each paycheck into savings until we reach that goal (way more than $1000) and every other cent we have left over goes to credit cards.
|
| Posted 7/29/06 9:52 PM |
| |
|
hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
|
Re: Dave Ramsey??
Posted by leighla
I've never heard the $1000 before, but I have heard that you should have at LEAST one month's worth of bills saved in case of emergency and then pay off the credit cards.
We have $200 automatically deposited from each paycheck into savings until we reach that goal (way more than $1000) and every other cent we have left over goes to credit cards.
Yes, if you go on his website, he tells you the first step is to save $1,000 for emergencies. We HAD that emergency and now we are back to square one but with cc bills to pay-ahhhh!!
|
| Posted 7/29/06 9:53 PM |
| |
|
Potentially Related Topics:
Currently 763361 users on the LIFamilies.com Chat
|
