The Stacking Benjamins Show

How to Structure an Effective Emergency Fund


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Even if you only have $500 in your emergency fund, today we reveal why having this money in the right place can yield BIG dividends. If you have your $500 in an account paying the average rate, you'll make around $2.50 in interest per year. Yet, by moving these Benjamins to a well-structured emergency fund, you could earn around $22.50. Doesn't sound like much? Assuming this takes 30 minutes, we're talking about earning $40 an hour! That's a GREAT rate of return on your time invested.

Episode Overview

Why Your Emergency Fund Matters More Than Ever:

  • Ever wondered where to stash your emergency fund for the greatest benefit? With rising interest rates, it’s a discussion worth your time. We’ll cover:
  • How much should you keep in your emergency fund?
  • Avoiding common pitfalls.
  • Understanding the differences between money market accounts, high-yield savings accounts, and other options. And yes, we clarify all this mumbo-jumbo so you can actually understand it!
  • (What are YOUR thoughts on emergency funds? Share with us on Instagram or on Facebook!)

    Segment Highlights:

    • TikTok Minute: What’s “guy math”? We’ll dive into this fun trend and how it compares to “girl math.” This guy applies girl math to his tool collection. What could go wrong?
    • New Segment Debut: Sometimes, online advice needs a second opinion. Hear OG’s take on some questionable financial tips. Today, we open with Sammie, who is asking for help with her 401k. As you can imagine, any time you ask for advice on the internet, it goes downhill quickly from there. If you see horrible advice in a financial forum, send it to us! (joe at stacking benjamins dot com)
    • Doug’s Trivia: Test your knowledge with Doug’s latest trivia question and much more! Today, he dives into Federal holiday trivia to celebrate Juneteenth.

      Join the Community:

      • For deeper dives, curated links, and exclusive discussions, subscribe to our newsletter, The 201. Join the Stacking Benjamins community and let’s achieve financial success together!


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      The Stacking Benjamins ShowBy StackingBenjamins.com | Cumulus Podcast Network

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