http://howto-howto.info/credit-card-debt/should-i-build-an-emergency-fund-while-simultaneously-trying-to-pay-off-credit-card-debt/ How To Get Out Of Debt Sat, 04 Jun 2011 12:01:18 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://howto-howto.info/credit-card-debt/should-i-build-an-emergency-fund-while-simultaneously-trying-to-pay-off-credit-card-debt/comment-page-1/#comment-2616 Thundercat Wed, 02 Dec 2009 04:48:25 +0000 http://howto-howto.info/credit-card-debt/should-i-build-an-emergency-fund-while-simultaneously-trying-to-pay-off-credit-card-debt/#comment-2616 Financial advice radio persona Dave Ramsey would recommend an immediate emergency fund of $1000. Then start making huge payments to pay down your CC debt. Write out a budget and stick to it. Restrict your lifestyle, obtain a second job or work extra hours (if possible) at your current job. If you suffer some "pain" for this ordeal, it will teach you a valuable life lesson. Chances are, you won't put yourself in this situation again. Financial advice radio persona Dave Ramsey would recommend an immediate emergency fund of $1000. Then start making huge payments to pay down your CC debt. Write out a budget and stick to it. Restrict your lifestyle, obtain a second job or work extra hours (if possible) at your current job. If you suffer some "pain" for this ordeal, it will teach you a valuable life lesson. Chances are, you won’t put yourself in this situation again.

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