“Once you're married to combine your finances and have an emergency fund of $1,000 and everything above that goes towards your student loans”

The Ramsey Show · You Can’t Build Wealth in Financial Chaos

Play from 24:01
24:01

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What was described

Set an emergency fund target of $1,000, then direct all additional cash flow to paying off student loans

$1,000 emergency fund; all surplus to loans

Said nearby on the same subject

“Then our reason for living, then if we can now pay the car off, that zero a week, we go back to this cash flow, there's an extra $269, and then we just do the $850 a week that we were paying on the car that goes direct into savings, and then within two years, we have effectively, so $850...”
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“Target of emergency fund $30,000... $370 a week... $200 a week into the Gifts, Clothes, Holidays, Christmas account”
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“‘What I want is that £3,500 to turn into £15,000 worth of additional cash flow.’”
♫
Said on James Sinclair's Business Broadcast
Pricing £3,500 spent, £15,000 expected cash flow Share this moment

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