Want to take control of your money for good?
You already know this advice: Get out of debt. And we’re totally on board with this plan. But first, you need a starter emergency fund. Just $1,000 in the bank provides you with all kinds of financial protection.
When you save $1,000 before getting out of debt, you can avoid taking on new debt. And when life tries to mess with you—your tire goes flat, your kid gets sick, the pipe under your sink bursts—you’re ready. You can easily pay what you owe and move on to more important things like knocking out that debt.
With our tips, you’ll be well on your way to saving $1,000 quickly. Here’s how: