Reported about 18 hours ago
In a recent episode of Wealth, finance expert Rachel Cruze outlines seven fundamental 'baby steps' to help individuals build wealth and eliminate debt, emphasizing the importance of establishing a $1,000 emergency fund as a first step. Cruze highlights how nearly 40% of Americans struggle to handle a $400 emergency, making cash savings crucial. Subsequent steps include eliminating consumer debt, contributing to retirement savings, and paying off mortgages to achieve homeownership sooner.
Source: YAHOO