Catching the Coin

008: Expecting the Unexpected- Having Money on Hand for Sudden Expenses


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In our quest to Carpe Diem, Seize the Day; we often forget to Carpe Cras, Seize Tomorrow.

However, the costs and expenses of tomorrow can certainly catch us off guard and the startling truth is that a large percentage of Americans are ONE emergency away from being BROKE!

In This Episode We'll Look At:

  • Great reasons to save today for expected future expenses
  • A great idea on how you can add several hundred dollars to your Stuff Happens savings account without touching your paycheck
  • Walking you through the next steps in building a healthy Stuff Happens savings account

Today's Resources and Links:

  • Articles
    • Nearly Half the U.S. Can't Afford Unexpected $400 Bill
    • 26% of Americans Have ZERO Emergency Savings

One Thing You Can Do Today to Improve Your Financial World:

Open a separate, online savings account and nickname it Stuff Happens.

Bonus Round:

Sell one semi-valuable possession that you know you can repurchase in a year or two (probably even a better model) and add that money to your new savings account.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts in the Comments section below.

You can also find us on at www.catchingthecoin.com, Facebook, or Twitter.

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Catching the CoinBy Tim Rosen & Troy Barrilleaux

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