Today's episode will be about knowing your Financial Whys- why it is so important than just having a financial goal on its own. Also, I will be talking about how an emergency fund works and why it is so important before everything else.

timestamps in this episode:

• Why I am not talking about investing immediately [00:43]

• What is a Financial why and why it differs from a financial goal. [02:23]

• Why accumulating money is stupid. [06:30]

• How to go about your Financial whys? [07:30]

• Why have an emergency fund? [11:00]

• Going deeper, what is and how much of an emergency you need? [14:00]

• Why seafarers must have bigger and longer emergency fund. [16:35]

• Please leave your emergency fund alone [18:43]

• A way to invest your emergency fund and stay liquid [20:45]

• Key takeaways from the episode. [22:43]

Link to the discord group I mentioned- Phinvest

https://discord.gg/gKwTKfdTh3