
085 ~ Dave Ramsey's Baby Step 3 (3-6 Month Emergency Fund)
About this episode
Dave Ramsey's Baby Step 3 - Save A 3-6 Month Emergency Fund is the one I resonate with the most (so yeah, continuing a series on DR).
Dave Ramey’s whole platform is to build wealth because building wealth allows you to have control of you time and money, which will let you live the life you want to live rather than the life you are handed.
Once your debt is gone the next step in the plan is to create a financial buffer between you and life because guess what; life is going to happen.
Some say save up 3 months of living expenses, some say save up 6 months of living expenses, some say save up 1 year of living expenses, I say just save something.
An emergency fund turns an emergency from an emergency into an inconvenience.
Let's take a few (31) mins to talk about it and why I agree so much with Dave's step for building an emergency fund.
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