Aussie FIRE | Financial Independence Retire Early Chapter 10: Prepare for emergencies
Sometimes, despite our best efforts, life can get in the way of our FIRE plans. Unwelcome surprises can place demands on our finances, and if we aren't prepared, our investments can take a hit. That's why, in any Financial Independence journey, it pays to be ready for emergencies.
In this chapter, Latestarterfire helps you determine the amount you'll need for an emergency fund - and how to build it. She also explores whether (and which type of) insurance is right for you, and how to keep those insurance costs low.
Would you like to read while you listen? Visit the written version of the chapter here.
Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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