7 Benefits of an Emergency Fund - Episode 240
The Prosperity Podcast · Kim D. H. Butler and Spencer Shaw
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Show Notes
We talk about the 7 benefits of having an emergency fund. Some of these benefits are things you may have never thought about. We also share the different strategies to follow if you're self-employed vs a salary employee.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to http://partners4prosperity.com/category/podcast
- Send an email to [email protected] with the subject line: EO
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Show Notes
- 1:15 - Why most people skip over the emergency / opportunity fund
- 2:05 - Opportunities present themselves more often when we're in a position to take advantage of them
- 4:55 - Health benefits from an emergency fund
- 6:51 - Fun travel and unexpected travel
- 8:21 - How Kim took advantage of an education opportunity
- 10:19 - Opportunities that create cash flow
- 14:16 - When and how you should start your emergency / opportunity fund
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