Financial Literacy – How much to put in Emergency Fund?
How much to put in Emergency Fund? That is the question we will answer in today's video.
We should have 6 months, highly recommended 12 months, of emergency fund.
Here are also the rules to follow for your emergency fund:
RULE #1: Your emergency fund is ONLY FOR EMERGENCIES.
RULE #2: If you use your emergency fund, build it back up to 6 – 12 months ASAP.
RULE #3: Unlike Fight Club, talk about your Emergency Fund
Hope you had fun and learned something today!
Don't forget to like, comment, and subscribe!!!
HELP US HELP YOU BY FILLING OUT OUR PERSONAL FINANCE SURVEY: https://forms.gle/mNaD8j8HZLEGyuVo8
...And Connect with me!
Instagram: / coursehack.club
Mailing List: http://bit.ly/coursehack-personal-fin...
Coursehack's Facebook: / coursehack
Get our Free eBook: http://bit.ly/leverage-ebook