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Emergency Fund 101: Everything You Need To Know About An Emergency Fund (Savings Accounts Vs. Emergency Fund, How Much To Save For An Emergency + More) | 7
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*This episode was recorded when our business looked a little different, so some links, offers and resources mentioned may have changed. For the latest, visit budgetbesties.com.*
We are teaching you everything you need to know about your Emergency Fund! This is a great review for anyone who is already working on getting debt free but also great information for anyone looking to get started on their financial journal and stop stressing so much about money! We advise clients when they are first beginning on their journey to start with $1,000 in the Emergency Fund. It’s not your savings for your vacation, it’s not your investments, it’s set aside specifically to plan for the things you can’t plan for: emergencies!
This episode covers:
✔️ What an Emergency Fund is
✔️ Why you need one
✔️ How to use it + we have an awesome freebie for you! It’s a coloring sheet for you to use as you build your Emergency Fund.
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