7min chapter

The Stacking Benjamins Show cover image

How Do You Explain Good Money Habits to Newbies?

The Stacking Benjamins Show

CHAPTER

Building Good Money Habits: Emergency Fund and Side Hustles

This chapter discusses the first step in building good money habits, which is having an emergency fund. It emphasizes the importance of having one month's worth of expenses saved up before starting to pay off debt. The chapter also talks about the idea of getting a second job or a side hustle to increase income, which was a key part of one speaker's strategy for getting out of debt.

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