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592 | More Money Will Not Solve That Problem

Behavior Gap Radio

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The Role of Your Actual Bank Balance When It Comes to Financial Security

Karl: What's the role of your actual bank balance when it comes to financial security? He says a friend made this claim that having, is his claim was about 12 months worth of spending in a cash or, you know, savings or, er, a savings account. And he finds it hard to believe that you could feel secure with anything less, certainly not substantially less, like six months or three months. The argument i'm making is, yes, that may make it easier, but it was always there.

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