Earn & Invest cover image

342. Can You Recession Proof Your Finances? w/ Joe Saul-Sehy, Andrew Wang, and Jen Smith

Earn & Invest

00:00

Can I Spend My Emergency Fund During the Recession?

The point with the recession is you need an emergency fund and also a replacement income fund for three to six months. Back enoas a financial planer, we always called this a cash reserve. We didn't call it emergency fun. When i switched over to the financial media side, working with a bunch of d i wires, and they all call it an emergency fund. My vernacular changed, and i realized, emergency fund is wrong. Cash reserve is right.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app