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Building an Emergency Fund in a Cost of Living Crisis | Episode 522
Description
Building an emergency fund is hard when everyday life already costs so much.
James and Mike break down how to build your first $1,000 emergency fund, where to find extra money in your budget, whether to save or pay down debt first, how much you should ultimately have set aside, and where your emergency savings should actually live.
Next Steps: Want to get a better handle on where your money is going? Comment BUDGET and we’ll send you the template we use to help our clients map out their expenses, set realistic goals and start building their emergency fund.
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The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.