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Joined: Jan 2009
Posts: 23,319
Campfire Ranger
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OP
Campfire Ranger
Joined: Jan 2009
Posts: 23,319 |
Do you know someone who just can't seem to be able to save up a thousand dollar emergency fund? Saving up a thousand dollar emergency fund is step one of the 7 Baby Steps to get out of debt and prosper. 30 Ways to save $1000
"All that the South has ever desired was that the Union, as established by our forefathers, should be preserved, and that the government, as originally organized, should be administered in purity and truth." – Robert E. Lee
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Joined: Aug 2014
Posts: 5,056 Likes: 9
Campfire Tracker
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Campfire Tracker
Joined: Aug 2014
Posts: 5,056 Likes: 9 |
Having a few Ks saved and handy sure lessens the emergencies in life.
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Joined: Aug 2002
Posts: 14,073
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2002
Posts: 14,073 |
Dave Ramsey's a good man and sure helps a lot of people! We got out of debt by utilizing a budget and paying bills very much like Dave Ramsey recommends, just did it before I'd heard of him. I still love to listen to his radio program today because it's very inspirational and helps remind me of where we came from.....
Biden's most truthful quote ever came during his first press conference, 03/25/21. Drum roll please...... "I don't know, to be clear." and THAT is one promise he's kept!!!
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Joined: Mar 2001
Posts: 1,796
Campfire Regular
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Campfire Regular
Joined: Mar 2001
Posts: 1,796 |
I enjoy listening to Dave His concepts really new and cutting edge
Live on less than you make Save some money Don’t buy stuff you can’t afford
Crazy.....
Sean
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Joined: Jan 2012
Posts: 67,520 Likes: 65
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,520 Likes: 65 |
Last month, I turned around in his parking at DRS in Cool Springs right off I-65. He moved about 2 yrs ago from Brentwood just a couple miles up the road
Good grief I bet he has 1000 people working for him. Parking lot looked like one of the airport out-lots
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Joined: Apr 2011
Posts: 152,332 Likes: 38
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 152,332 Likes: 38 |
It’s good to have a few thousand saved. Good guns come along sometimes
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Joined: Nov 2018
Posts: 17,170 Likes: 28
Campfire Ranger
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Campfire Ranger
Joined: Nov 2018
Posts: 17,170 Likes: 28 |
I enjoy listening to Dave His concepts really new and cutting edge
Live on less than you make Save some money Don’t buy stuff you can’t afford
Crazy.....
I agree, but it's not "new and cutting edge". Bruce Williams was talking the same general plan on the radio 30 years ago. I listened to him driving big rigs in the middle of the night. He helped me invest in the future just like Dave Ramsey.
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Joined: Jan 2006
Posts: 8,785
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2006
Posts: 8,785 |
Hey Tiger..........
(Bruce Williams)
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Joined: Sep 2014
Posts: 21,935 Likes: 9
Campfire Ranger
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Campfire Ranger
Joined: Sep 2014
Posts: 21,935 Likes: 9 |
I thought of Bruce the other day, deli had Pork Roll on sale.
(Nasty stuff) I liked Bruce.
Parents who say they have good kids..Usually don't!
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Joined: Dec 2010
Posts: 19,311 Likes: 23
Campfire Ranger
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Campfire Ranger
Joined: Dec 2010
Posts: 19,311 Likes: 23 |
I already do almost all the things on that list and I've never read Ramsey's book. Most of it's just common sense and stuff that's practiced naturally by poor country folks who were raised to be frugal and practical. Those things are the reason I've never in my life financed a car, had a credit card or financed anything other than my home, despite the fact that I've never made much money. Everything is cash and if I don't have the cash I don't buy it period. I don't believe 1000.00 is enough of an emergency fund these days. I always try to keep at least 3k in mine and that's in addition to my regular savings account.
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Joined: Feb 2016
Posts: 17,840
Campfire Ranger
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Campfire Ranger
Joined: Feb 2016
Posts: 17,840 |
I work in a factory. Bet 50% have filed bankruptcy and not been without a paycheck. Most take off work anytime a bonus comes along, so they make the same as if working reg. They bank nothing. Drive new cars, eat steak for dinner...........and they cry when the manager won't let them work Sundays (double time).
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Joined: Feb 2009
Posts: 6,264
Campfire Tracker
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Campfire Tracker
Joined: Feb 2009
Posts: 6,264 |
I already do almost all the things on that list and I've never read Ramsey's book. Most of it's just common sense and stuff that's practiced naturally by poor country folks who were raised to be frugal and practical. Those things are the reason I've never in my life financed a car, had a credit card or financed anything other than my home, despite the fact that I've never made much money. Everything is cash and if I don't have the cash I don't buy it period. I don't believe 1000.00 is enough of an emergency fund these days. I always try to keep at least 3k in mine and that's in addition to my regular savings account. $1000 is the starter emergency fund. He recommends 3-6 months expenses for fully funded emergency fund in step 3. Step 2 is paying off al debt except the house and that’s where most people struggle
"For some unfortunates, poisoned by city sidewalks ... the horn of the hunter never winds at all" Robert Ruark, The Horn of the Hunter
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Joined: Jan 2006
Posts: 69,507 Likes: 21
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,507 Likes: 21 |
I can't remember if Ramsey said it or someone else, but it's 'if you have to finance a car for more than 3 years, you can't afford it'. These days 5 year loans are very common. People don't add up how much interest they pay during that time. Even at 3 or 4%, it's a lot.
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Jan 2002
Posts: 12,891 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,891 Likes: 5 |
I can't remember if Ramsey said it or someone else, but it's 'if you have to finance a car for more than 3 years, you can't afford it'. These days 5 year loans are very common. People don't add up how much interest they pay during that time. Even at 3 or 4%, it's a lot. Lol, no, Ramsey didn’t say that. I like listening to Bruce Williams, he was a good egg. Bob Brinker introduced me to the idea of achieving “critical mass”, or not having to work anymore. Dang it if I didn’t get there, and dang if am not still working just as hard...... having too much fun to quit. The moral of the story is that it’s good to have goals and a plan to get there.
Sic Semper Tyrannis
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Joined: Sep 2011
Posts: 45,420 Likes: 28
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
Posts: 45,420 Likes: 28 |
I gotta wonder...........................how many tats do I have to forgo to save up that $1000?
Geno
PS, I try to finance cars at 0% like the "new" one we have now. Why not use Toyota Financial's money to get my wife a newer vehicle instead of eating into our cash?
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Apr 2009
Posts: 3,246
Campfire Tracker
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Campfire Tracker
Joined: Apr 2009
Posts: 3,246 |
[quote=Valsdad]I gotta wonder...........................how many tats do I have to forgo to save up that $1000?
Geno
Only 2 or 3 if you have a good artist! 😉
Molɔ̀ːn Labé Grandpa:the road to hell is paved with good intentions. Dad:son you have 2 choices for supper eat or don't eat.
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Joined: Apr 2011
Posts: 4,860
Campfire Tracker
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Campfire Tracker
Joined: Apr 2011
Posts: 4,860 |
Sometimes, a 12 month same as cash can make sense on an unexpected emergency expense. Did it on tires once. Paid it off early.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
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Joined: May 2016
Posts: 60,854 Likes: 57
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,854 Likes: 57 |
Jeezus.....I am so sick of hearing about this fuggin guy.
Piss on him......I might just go broke to spite him.
Dave fuggin Ramsey. I bet the caksucker has a book he will sell you.......
I am MAGA.
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Joined: Sep 2011
Posts: 45,420 Likes: 28
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
Posts: 45,420 Likes: 28 |
Jeezus.....I am so sick of hearing about this fuggin guy.
Piss on him......I might just go broke to spite him.
Dave fuggin Ramsey. I bet the caksucker has a book he will sell you....... I'm not sure his books are pertinent to MT farmer/rancher economics. Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: May 2016
Posts: 60,854 Likes: 57
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,854 Likes: 57 |
Well....just as long as no one accuses me of overreacting..........
I am MAGA.
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