The interest rate on cash is pathetic. And, when you factor inflation into the mix you’re probably going backwards…
But holding a cash emergency fund in your financial war chest is key to your peace of mind. It’s also a solid tool you can use so you’re never forced to sell investments at a time that isn’t right, that helps you to avoid having to accept investment losses on your portfolio.
In this session I cover what makes a good emergency fund, how to understand what makes a good emergency fund, and how to figure out how to set up your emergency fund in the right way to deliver financial security.
In this post I cover the ONE THING we’ve found is the biggest driver of money success, and how you can take advantage.
Keen to hear more episodes?
Subscribe to How To Be Successful With Money on your favourite podcast platform:
Want to keep making the right money moves with complete confidence?
Upcoming online training events: https://bit.ly/PivotEvents
Book a Money Breakthrough Session with a Pivot Adviser: https://calendly.com/ben-nash-pivot/breakthrough-podcast
Free download of my Amazon best-selling book ‘Get Unstuck’: https://bit.ly/PivotGUSPod
Pivot Blog for other money tips, tools and hacks: https://bit.ly/PivotBlog