• Is $1,000 Emergency Fund Enough?

    2 monthes ago - By Mint

    People tend to latch on to the wisdom of the most prominent experts in any field. In the case of personal finance, the most famous expert is probably Dave Ramsey. One of his key pieces of advice is to save $1,000 in an emergency fund before paying off any high-interest debt.
    That's good advice, but some people end up taking it the wrong way. They assume that $1,000 is the most they need to save, rather than a baseline. For some people, that might be enough - for others, it's not even close.
    The amount you need depends entirely on your personal circumstances. Here are some examples of when...
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