Real-Life Financial Goal Setting: Easy Or Hard?
Money Donuts®
00:00
Emergency Fund Advice
- 💡 Have an emergency fund.
- How much do I need in my emergency fund?
- 🕰️ A good rule of thumb is to have three to six months of expenses saved.
- What unexpected events might I need to cover with my emergency fund?
- ✨ There’s no perfect number; everyone’s different.
- What are some strategies for growing my emergency fund quickly?
- ✍️ Do some calculations and figure out what works for you.
- How can I incorporate saving for my emergency fund into my regular budget?
- 🔄 Regularly revisit and adjust your emergency fund as needed.
- How often should I re-evaluate my emergency fund, and what factors should I consider?
Play episode from 05:58
Transcript
