Why You Need An Emergency Fund

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I didn't have an emergency fund. That was a huge mistake. In this video I share the importance of emergency funds and what to do if you don't have one. Learn how to protect yourself from unexpected expenses, no matter who you are.
Timecodes
0:00 - Intro
0:44 - What is An Emergency Fund and What Does It Do?
3:24 - How Much Do I Need?
5:20 - Where to Save an Emergency Fund?
7:15 - I Want To Be Ready When…
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Пікірлер: 9

  • @nelizajoey26
    @nelizajoey26 Жыл бұрын

    how about placing an emergency fund at high yield checking account?

  • @callmeNeno
    @callmeNeno4 ай бұрын

    Great point: “an emergency fund is not an investment” so keep them separate.

  • @MrJeffgonz
    @MrJeffgonz2 жыл бұрын

    I do a hybrid. 3 months of basic expenses in my checking and the other 3 months in VASIX.

  • @rainacherienne1010

    @rainacherienne1010

    Жыл бұрын

    Same, I have 10k in savings and 10k invested in various solid stocks.

  • @sarahlee3219
    @sarahlee32192 жыл бұрын

    Emergency funds is very important. I agree. 👍

  • @TaeKimFinancialTortoise

    @TaeKimFinancialTortoise

    2 жыл бұрын

    Thanks!

  • @peterl2767
    @peterl27672 жыл бұрын

    Thanks for the info. Great job!

  • @TaeKimFinancialTortoise

    @TaeKimFinancialTortoise

    2 жыл бұрын

    Glad it was helpful!

  • @rainacherienne1010
    @rainacherienne1010 Жыл бұрын

    Can you please do on sinking funds and categories.