Detailed text transcripts for TV channel - FOXNEWS - 20120822:11:48:00
So yet another reason to pay off the home equity loan first. >> gretchen: here is alicia from new york. i'm $78,000 in debt and beginning to put together a plan. the problem is, i don't have any savings. shouldn't i start saving money first? >> well, we teach you what we call baby step one, which is put $1,000 aside as a little miniature starter emergency fund. that's really all. then you need to completely stop saving money. one of the things that causes the debt snowball in our get out of debt plan to be so successful is this increased unbelievable focused intensity. so you completely focus ...