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Ep 346 - Escaping car finance, Rainy day vs emergency funds and bond/equity correlations
Published 4 years, 7 months ago
Description
Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.
On this week's show I explain why now is a good time to step off the car financing merry-go-round, especially if you want to become financially independent or build wealth. I also discuss what the difference is between a rainy day fund and an emergency fund and whether it even matters. Finally, I answer a listener request to explain the correlation between equities and bonds in a simple way.
Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.