In this week's episode, we are discussing emergency funds & how important they are to you financially.
Welcome to the Balanced FI Podcast, episode 15! Thank you so much for listening in!
A fully-funded emergency fund is the backbone of financial security. It allows you to weather job losses, unexpected expenses, medical bills, and more, without reaching for a credit card or other debt.
RESOURCES
Read: Financial Security Step 8, Save an Emergency Fund
Download: free Emergency Fund Worksheet
Read: Financial Security Step 2a, Save a Mini Emergency Fund
Read: Financial Security Step 3, Save for Recurring Expenses
SOURCES
Source: A Quick Guide to Your Emergency Fund
Source: What is a Money Market Account?