4th Step to Saving Money: In an Unexpected Pinch

It’s coming. The moment when you realize you have that unexpected bill. That’s where the emergency fund comes in. Dave Ramsey has 7 baby steps, and the first is building your emergency fund. He suggests saving $1000. That number is dependent on your situation (Dave Ramsey’s 7 baby steps, n.d.). Use it only for emergencies such as car repair, medical, home, or job loss. No, this will not save you, but it will lessen the blow until you figure out your next move. For more information on Dave Ramsey’s Baby Steps, check out the link under Resources. 🤎