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Is calling he's in Saint Louis hey Charlie how are you tonight.
I'm doing a good day -- -- better than I deserve what's up.
-- -- appreciate taken a call.
I've read your book about four years ago my mother turned me onto it she she called -- -- was done when she gave it to me after I got done reading it I.
I understood why -- I've just been.
There's been a big fan ever since and I got married about about four years ago and but my life much your book and she typically handles most of the bill paying I kinda just oversee and he were things they're going to ask questions here there and she told me in on.
On things that you -- attack on -- some frustration and our relationship and.
Finally -- middle of 2009 I got her to read your book and and now.
She she's a huge fan now on it's it's just been a blessing for both of us sir I am not our baby girl.
My question is -- you know -- She's a little uncomfortable live.
The baby steps she she thinks that step one -- is fantastic which we've -- accomplish that which is our my emergency fund.
-- felt no emergency fund and I'm -- get my got confused refresh.
I'm not like -- big step was a thousand dollars yep and Asia to we're supposed to be attacking the debt correct Mike McCurry well finish the emergency fund.
Exactly Paul what we're -- accounting -- just -- a little uneasy if one of us were to lose our jobs.
She explained I -- how to how not post paid and one of our mortgage payments let alone any of our bills.
And she's actually right exactly that's that's what -- or are you about to lose your jobs.
Now they're actually not just a thing it's just this vague fear from watching the evening news too much they've basically -- occur.
Tom -- you know I have a hard time convincing her because she she basically convinced -- somewhat you know it's it's a good point so we have.
You know -- -- with the daughter that was born 2009 we're gonna have someone of a larger tax return and you know I wanna I wanna spend on the -- and she wants to you know put it away and then and then leave that there until.
Until we get.
You know six to eight months.
-- stashed away which you know I actually -- -- that feel like we should just.
Take your plan because there is a proven plan and and and worked hard especially those killed what what your take on.
Let me tell you until you finish let me step three with a fully funded emergency fund and your debt free ought to be scared.
I'm -- what they don't when you're deeply in debt and you have -- money or when you don't have any money in and you're out of debt.
-- -- either time is a good time to be scared right he actually because you're you're exposed to the elements.
You don't have a shield.
And so the fear is natural and the only good news here is is that you actually have the fear now.
Yeah you're just wandering along thing -- all that was OK before.
So the good news as we -- both of you up it's to a different result a little bit.
And you know my answer is simply this -- best way to have an emergency fund and a stable life -- to not have any debt actually.
And honestly if you lose your job with three to six months of expensive set aside.
And you still got the bet you're gonna eat through that money so fast it's not gonna matter.
-- of the debt is termites.
You're -- dump a -- termites on that moment emergency fund it's not just your house payment you are worried about its other stuff -- -- instead of you got knocked out house.
Besides the house we have we have our cars and student loans which totals right around 50000 and how much of those cars.
About half -- that we'll sell cars.
Durable cars you wanna get excited about getting to the Americans -- fun.
At a good point you know how bad or how how afraid are -- You know I need emergency fund money that security not -- -- the public are I.
OK so you know now we're having a philosophical argument.
-- I don't think we can win that one.
This is a proven plan.
To getting people out of that and the solid ground and until you get past -- -- three you're not on solid ground.
And you should be afraid not terrified.
But afraid enough to be motivated afraid like I don't want such a hot stove it'll hurt me afraid afraid like I don't -- -- play in the traffic -- -- afraid.
A healthy fear that causes you to avoid things that harm you and walking around with this much debt and no money saved should cause you concern.
Actually and so the answer to her is.
You guys have have -- you know the good news is you're both aware that you need to work on the us.
And and you both read the book and so you've got some good common ground to discuss -- -- Those are all good news points the bad news is you guys hadn't bought off on this whole thing yet.
It's kind of just a cool idea right now.
Because when you go crazy as you in Tennessee -- we say when you go hog wild on this thing.
That that's when those cars are gone.
-- get really stink of student loans.
-- a -- develop a future for this new baby.
'cause I've had a I'm not living like this we make too much -- and money to be as broke as we are.
When you start saying things like that with a little zest in your voice and you both believe it you both get passionate.
Then you're gonna have your emergency -- and you're gonna be debt free to with a very short period of time.
-- -- amazed about how fast you get there right now you just play footsie with these ideas.
Cells thinking cars and get gazelle intent spoke about the and -- -- these steps and you'll you'll be glad you did.
That's my advice how to get some might do you read my book it's all I know I don't know I think a -- that's more up next.
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