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Question: Michael is a 19 year-old college student and wants to hire himself out over the summer doing odd jobs and then start an investment portfolio with his earnings. He went to Dave's Live Event and was very intrigued by the Ben and Arthur example of saving. He wants to know if he should invest $2,000 and have an emergency fund or invest $2,500?

Dave Ramsey's answer: Dave says to have an emergency fund of some kind before he invests. He should probably put $1,000 aside and the start a Roth IRA.

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