197-How Big of an Emergency Fund Should I Have? What Percentage of My Income Should I Owe In Debt Payments?
Radical Personal Finance · Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
May 18, 201519m 15s
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Show Notes
Today, I have a tightly focused show for you with a few key points from the CFP® Board curriculum. You will need this information on the CFP® Board exam and it will be useful for you as an individual.
First, I share with you how to choose between needing a 3-month emergency fund and a 6-month emergency fund.
Next, I share with you the manageable percentages of your income which you can allocate to debt payments.
Enjoy!
Joshua
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