Trey Ferrell

6 Steps to Financial Freedom

1. Emergency Fund

   1. $1,000 dollars

   2. $500 if you make under $20,000 per year

   3. $200 if you are a student

Reasons to have an emergency fund

• Develop a savings habit early in life (live within)

• Ability to say no to financial situations

• Separate Needs from wants

Emergencies (3)

• Surgery

• Storm Damage

• Flood

If you don't have an emergency fund you have to use Credit