New Money New Problems Podcast

Preparing Your Finances For A Possible Doomsday


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In this week's episode, we delve into strategies for preparing your finances against potential job loss, economic downturn, or financial emergencies. 

The episode emphasizes the importance of establishing emergency reserves, describing optimal savings amounts based on different household scenarios and employment stability. 

It also explores tools and tactics for repositioning debts, utilizing flexible employee benefits, and diversifying investments, especially for those with company stock or equity compensation. 

Practical advice includes adjusting retirement contributions and withholdings to better balance financial preparedness. The episode also references an article featuring the host's insights on the significance of emergency savings for retirement planning. 

Check out the MarketWatch article where Brenton was interviewed!


02:37 Understanding Emergency Reserves
05:22 Layering Your Savings
09:13 Repositioning Debts for Stability
13:50 Managing Equity Compensation
15:28 Optimizing Employee Benefits
16:57 Retirement Accounts and Emergency Planning

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New Money New Problems PodcastBy NewMoneyNewProblems.com | New Money Solutions for New Money Problems

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