Emergency funds savings should be your #1 priority. If 2020 has taught us anything, it's that. I go through everything you need to know about emergency funds savings in this video, but if you've got any questions, drop them in the comments!
HELPFUL RESOURCES
➡️ Emergency Funds: Everything You Need to Know About Them https://jessicamoorhouse.com/emergency-funds/
➡️ How to Make a Budget, Track Spending & Net Worth https://www.youtube.com/watch?v=XGXNFnCKbpg
➡️ No-Fee Banks in Canada - 5 Free Chequing Accounts to Check Out https://www.youtube.com/watch?v=Q5AKT25E-ic
➡️ Mo' Money Podcast Ep. 220 - The Life-Changing Reason You Need Emergency Savings with Sharon Epperson https://jessicamoorhouse.com/ep-220-life-changing-reason-emergency-savings-sharon-epperson/
➡️ Mo' Money Podcast Ep. 174 - Why You Need a F*** Off Fund with Paulette Perhach https://jessicamoorhouse.com/ep-174-f-off-fund-paulette-perhach/
➡️ Mo' Money Podcast Ep. 96 - How an Emergency Fund Can Save Your Life with Kate Dore https://jessicamoorhouse.com/how-an-emergency-fund-can-save-your-life-with-kate-dore/
CHAPTERS
00:00 Introduction
01:15 What Are Emergency Funds For
02:56 What ISN'T Considered a Financial Emergency
04:08 What Is a Sinking Fund
06:09 How Much Do I Need to Save for My Emergency Fund
07:42 How Much ISN'T Enough for an Emergency Fund
08:55 Where to Put Your Emergency Fund Money
11:46 Line of Credit vs. Emergency Funds
12:32 How to Save Up an Emergency Fund
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ABOUT ME
I'm Jessica Moorhouse, a money expert, Accredited Financial Counsellor Canada, speaker, blogger, YouTuber, and host of the More Money Podcast. I'm based out of Toronto, ON, Canada and turned my personal finance blogging side hustle into my full-time business so I could spend all my time teaching others how they can take control of their lives by taking control of their money. To learn more, check out my website https://jessicamoorhouse.com
#emergencyfund #savings #rainydayfund
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