095 - "How Much Do I Need in My Emergency Fund?"
From time to time, we talk about the importance of having an emergency fund. You know, the thing that protects us when life throws a major curveball our way. It's when, not if. Without an emergency fund, these curveballs can cause detrimental financial and relational turmoil in our lives, which can lead to a spiral of negative consequences. With one, however, these situations are often downgraded to a frustrating inconvenience. Recently, host Travis Shelton experienced his own curveball when his car needed nearly $5,000 of work. Ouch! In today's episode, we discuss some of the questions surrounding emergency funds, then lean heavy into the question of how much each of us should have in our respective funds. It's different for everyone, and we hope to give you the tools to determine the right amount for you.
You can find the Meaning Over Money podcast wherever you listen to podcasts, including:
If you have questions or would like to connect with us outside of the podcast, here's where you can find us:
Podcast website: https://www.travisshelton.com/podcast
Daily Blog: https://travisshelton.com/blog
Subscribe to the Daily Blog: http://eepurl.com/gB07Ef
Podcast Facebook Group: https://www.facebook.com/groups/370457478238932
Travis’s Instagram: https://www.instagram.com/travis_shelton_
Travis’s Facebook: https://www.facebook.com/travissheltonco/
YouTube: https://www.youtube.com/channel/UCasnj17-bOl_CZ0Cb9czmyQ