Re: Paying Off Credit Card Debt vs Building An Emergency Fund
There are still some items that you need cash for. If you have kids and they have school lunches, you need cash. There are things that you buy that can only be done with cash. Sometimes you can't get to a bank. I live in Florida and if you don't have cash around during Hurricane season, you'll be out of luck. The only thing that they take is cash. ATM's don't work or too many people take money out and the ATM runs out. YOU NEED CASH and you need an Emergency account. My husband is self-employed and has to have more emergency cash than most people would.
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