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Ep.350 The Financial Fire Drill: Prepare Before the Panic

Season 2 Episode 91 Published 3 months, 3 weeks ago
Description

We practice fire drills at school and at work so we don’t freeze when the alarm goes off.
 But almost no one does this for their money.

Run a financial fire drill while you’re calm, not when you’re scared.

Ask yourself three questions tonight:

  1. If your income vanished tomorrow, how long could you actually last?
  2. What are the first three expenses you would cut? Name them.
  3. What skill could you monetize within 48 hours to earn your first five hundred dollars?

A crisis isn’t the time to build a plan.
 A crisis is when you execute the one you already made.

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