
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.
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