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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 OverviewWhy Your Emergency Fund Matters More Than Ever:
(What are YOUR thoughts on emergency funds? Share with us on Instagram or on Facebook!)
Segment Highlights:
Join the Community:
Learn more about your ad choices. Visit podcastchoices.com/adchoices
4.4
18881,888 ratings
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 OverviewWhy Your Emergency Fund Matters More Than Ever:
(What are YOUR thoughts on emergency funds? Share with us on Instagram or on Facebook!)
Segment Highlights:
Join the Community:
Learn more about your ad choices. Visit podcastchoices.com/adchoices
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