Baby Step Number 4 - How Many Folks Don't Have an Emergency Fund

Most people are not even making it past either one of the programs whether it's baby steps or financial order of operations step four. The number of folks who say i don't know was five percent and by the way don't know is just code for i don't have an emergency fund then there's another 25 percent that say i have no emergency savings. 30 26 percent of folks say i have less than three months most people can't get the risk measure in place to the degree that it needs to be in place yeah so i'm with you both systems will put you in a pretty solid place but remember we push and talk about 25 percent is what needs to be invested for the long term.