Building an Emergency Fund

This chapter explores the challenges and strategies involved in building an emergency fund for a household. It emphasizes the importance of adjusting savings plans in response to unexpected expenses, while also highlighting the need for financial resilience and hope in achieving long-term goals.

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📈⁠⁠⁠⁠⁠⁠ ⁠Are you on track with the Baby Steps? Get a free personalized plan.⁠⁠⁠⁠⁠⁠⁠

Dave Ramsey and Rachel Cruze answer your questions and discuss:

"How do I financially plan for a marital separation knowing my husband is an addict?"
"Have I overcomplicated my finances?"
"Am I holding myself back by staying with my boyfriend?"
"Should I still be the co-owner on my 33-year-old unmarried son's bank accounts?"
"Our landlord gave us 30 days to move out. Should we just finance a camper and live in that?"
"Why is my company issued credit card showing on my personal credit report?"
"We are underwater on our home by $45,000... what should our next step be?"
"Can I pull credit reports on my kids due to husband taking out credit cards in their names?"
"My husband took the money from the sale of our home and won't share it with me. What can I legally do?"
"Should I max out my 401(k) at the beginning of the year or spread it out?"
"Is my dad right in saying I need a prenup to protect my house?"