
How to Stop Screwing Up Our Finances, Even in a World That Leads Us Astray -- with Dr. Dan Ariely
Afford Anything
00:00
How to Prioritize Your Savings Even if You Are Currently Fighting Credit Card Debt
When times are good, people often say they don't need an emergency fund. Dan: While efficiency is great, too much efficiency comes at the cost of resilience. prioritizing your savings even over and above debt payoff can improve your outlook. If you owe $10,000 in your credit card, don't have $10,.000 in the savings account. But if you have $500 in a savings account, you would feel better about yourself.
Transcript
Play full episode