This may seem quite opposite to what most people think of as sound financial advice, but here is a post that tells people that an emergency fund isn’t as critical to personal financial health as you think: The 0-dollar emergency fund – MSN Money.
I have a couple thoughts on this, the first one being that if it were up to me and I had some 15% interest debt and $500, I’d be paying off the debt before I’d be putting it aside for emergencies.




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