36. “We make $145k per year but have $828k in debt — and feel totally paralyzed”
Money For Couples with Ramit Sethi
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How Much Do You Need in an Emergency Fund?
K sarah: I would like to see us have our kind of emergency plan, not be my parents. How much do you currently have? That's 90 595 hundred. What would it take to get to 30 thousand? I have to make more money. After child care, you basically have about a thousand dollars per month. If that's the case, and if you were putting a hundred % of that towards your emergency fund, it would take roughly 20 months,. almost two years, to fill up that emergency fund. So how do you feel about that? You don't trust what's going on with the numbers as they're dropping. And i actually don't think it's healthier
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