MP3: Not Enough Emergency Fund

12.06.2013

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Not Enough Emergency Fund MP3

QUESTION: Ryan in Dallas and his wife have $1,000 in their baby emergency fund. Last summer, their air conditioner stopped working. It was able to be repaired, but Ryan is concerned it could go out again. Should he increase their emergency fund to prepare for this looming emergency?ANSWER: One thing that's bumping around in my head is the same thing happened to us. We were so broke we couldn't pay attention. ... Source: daveramsey.com

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