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18min chapter
192. “We spend 98% of what we make—Where is it all going?”
Money For Couples with Ramit Sethi
Mastering Emergency Funds and Financial Planning
This chapter explores the critical distinction between an emergency fund and a general savings account, highlighting how to effectively set financial priorities. The discussion emphasizes strategic investments and the need for comprehensive budgeting that includes both expected and unexpected income sources. Additionally, it reflects on the importance of aligning financial goals with personal aspirations to foster a healthy financial mindset.
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