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Author: jclucas Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: Emergency Fund Question Date: 9/12/2005 3:12 PM
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The Dave Ramsey method would use this order in answering your question:

1. $1000 emergency fund in the bank

2. Pay off everything but your house

3. save 3 to 6 months expenses for a fully funded emergency fund

4. save 15% of gross income to retirement.

Since you don't get a match i'd forgo the spending on the retirement fund until you are debt free.

Joe
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