Critics Call Dave Ramsey's $1,000 Emergency Fund A 'Relic Of The 90s,' But Supporters Say 'Papa Dave Knows People Better Than Finance Chuds'

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Dave Ramsey's $1,000 starter emergency fund, the first of his famous “7 Baby Steps,”  is facing renewed criticism from people who say the number hasn't kept up with modern costs. Some have even called it a "relic of the 90s." But in a recent r/DaveRamsey Reddit thread, supporters defended the figure, arguing it was never meant to be a full safety net in the first place.

Supporters Say It's About Behavior, Not Math