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424 | The Power of FI | Deanna

ChooseFI

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Do You Need an Emergency Fund?

Diana Magnay: How did you pay off $47,000 worth of debt in one year? She says she started out 2018 maxing out all her retirement accounts. And then just saving four things that I know are going to happen and putting money aside every month felt amazing. Magnay: You don't need an emergency fund when you save for things like Christmas. It comes every year, same time to start saving.

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