Can you handle a $1000 Emergency Expense?

In this episode, we discuss the importance of having an emergency fund to handle unexpected expenses. 

 

According to CNBC, 56% of Americans cannot cover a $1,000 emergency expense without using a credit card or going into debt. 

 

By having a quick access account or an emergency fund, you can take the pressure off and reduce stress in the face of unexpected expenses. This could be a savings account or an investment account, and you can adjust the amount to meet your needs and comfort level. 

 

Building this account is an important step in achieving financial freedom and cutting down on stress in your daily life. 

 

Make sure to set up your emergency fund and create an automation to consistently add to it.

 

For full show notes visit (link to the blog post)

 

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