When we first began our journey out of debt, we had no clue how to get started. So we decided to read every book, magazine, and website that we could find on subject, looking for common threads. The more knowledge that we consumed, the more that we started to see a pattern emerge. According to the financial experts, the very first thing that should be done is the creation of your emergency funds.
We had never even heard of the concept before, likely believing (as many folks do) that our credit cards themselves can serve as an “emergency fund” of sorts. Looking back, I think [ Read More ]