The Right Way to Use Your Emergency Fund: Rachel Cruze

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By Eric Cieslewicz and Ramsey Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

If you’ve lost your job and need money to pay the bills, it may be time use your emergency fund—that’s what it’s there for! In this episode, Rachel Cruze shares guidelines on using your emergency fund. It’s time to get on a tighter budget, cut out your wants (goodbye cable!), and focus on your needs (food, utilities, shelter, transportation). It’s important to take out only what you need and rebuild your emergency fund when your income is back up.

No matter where you are, hope is here: https://www.daveramsey.com/store/hope

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27 episodes