I just read this great article/review from Dave Ramsey's debt relief program. The first step is to get out of debt is to create an emergency savings account. He suggests $1000 to start. This is a great buffer for car, pet, even small medical emergencies that come up.
Some of us will take longer than others to get this fund set up but the goal is to do it as fast as possible and move on to the next step. There are many ways to acquire the money... selling stuff, extra job, skipping some fun stuff and replacing it with other inexpensive fun stuff.
This emergency savings account sets you up to relax a bit when something extra comes up or the mini van needs new tires, etc... It allows you to move forward and feel at ease. YOu can check out the review that I found by CLICKING HERE to see the next steps in Dave Ramsey's program.