30 min

#67: Do You Even Need An Emergency Fund‪?‬ Build A Wealthy Spirit

    • Business

What is an Emergency Fund? Do you even need an Emergency Fund? How much money should you keep in your Emergency Fund?

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Show Notes: 
"When faced with a hypothetical expense of $400, 64 percent of all adults in November 2020 said they would have covered it exclusively using cash, savings, or a credit card paid off at the next statement (referred to, altogether, as "cash or its equivalent")—largely unchanged from 2019" Dave Ramsey - A Quick Guide to Your Emergency FundRamit Sethi - Emergency fund: how a few thousand dollars can save your lifeMorgan HouselThe Psychology of MoneyNever Saw It Coming - Collaborative Fund Blog Cardi BScott Trench  - Runway BiggerPockets - An All-Out Approach to Financial Independence at an Early Age with Scott Trench | BP Money 2 (YouTube) Kodak Black Throws Stacks of $100 Bills Into the Ocean & Down the Toilet in New Videos Warren Berkshire Coast FI/REAffirm Sequence Risk Timing Leverage in Retirement – SWR Series Part 52 (Sequence of Return Risks) Related Status Post Adulting Episodes:
#5: Personal Finance Basics (Apple or Spotify) #25: Opportunity Cost (Apple or Spotify) Status Post Adulting Instagram: @statuspostadulting
Status Post Adulting Email: statuspostadulting@gmail.com

Click here for website!
Find more show notes and interact with the Build A Wealthy Spirit community at buildawealthyspirit.com!

What is an Emergency Fund? Do you even need an Emergency Fund? How much money should you keep in your Emergency Fund?

Join our newsletter for additional details outside of the Status Post Adulting podcast:
NEW Sign up for the Status Post Adulting Newsletter here

Show Notes: 
"When faced with a hypothetical expense of $400, 64 percent of all adults in November 2020 said they would have covered it exclusively using cash, savings, or a credit card paid off at the next statement (referred to, altogether, as "cash or its equivalent")—largely unchanged from 2019" Dave Ramsey - A Quick Guide to Your Emergency FundRamit Sethi - Emergency fund: how a few thousand dollars can save your lifeMorgan HouselThe Psychology of MoneyNever Saw It Coming - Collaborative Fund Blog Cardi BScott Trench  - Runway BiggerPockets - An All-Out Approach to Financial Independence at an Early Age with Scott Trench | BP Money 2 (YouTube) Kodak Black Throws Stacks of $100 Bills Into the Ocean & Down the Toilet in New Videos Warren Berkshire Coast FI/REAffirm Sequence Risk Timing Leverage in Retirement – SWR Series Part 52 (Sequence of Return Risks) Related Status Post Adulting Episodes:
#5: Personal Finance Basics (Apple or Spotify) #25: Opportunity Cost (Apple or Spotify) Status Post Adulting Instagram: @statuspostadulting
Status Post Adulting Email: statuspostadulting@gmail.com

Click here for website!
Find more show notes and interact with the Build A Wealthy Spirit community at buildawealthyspirit.com!

30 min

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