Financially Naked

REPLAY: Emergency Funds Gymsplained


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We're taking some time to highlight some of our best Gymsplain Episodes, like this one detailing exactly what an emergency fund is and why everyone needs one!

Life throws curveballs when we least expect them, and having a safety net can make all the difference. But what exactly is an emergency fund, and why should you have one? We'll break it down in simple terms and show you how these funds can be your financial cornerstone in times of crisis. 

From unexpected medical bills to car repairs that catch you off guard, having an emergency fund is crucial. Garrett and Sam will guide you through the process of determining the right amount to save based on your budget, where to keep your emergency fund, and discuss saving vs. paying down debt.  

For more details check out our show notes here!

If you want to work with a Certified Financial Trainer to help navigate your finances, schedule a free warm-up call today! If you have any ideas or questions for the show, send an email to [email protected].

 

Resources 

  • BFF Approved High-Yield Savings Accounts 

  • When Should You Use Your Emergency Fund  

  • How to Save Your First $1000 in Emergency Savings  

  • How to Build an Emergency Fund and Why You Need One 

 

Meet The Trainers 

Meet Garrett Faulconor, Level 3 Certified Financial Trainer 

Meet Sam Cash, Level 2 Certified Financial Trainer  

 

 

...more
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Financially NakedBy The Financial Gym

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