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Emergency Fund

Emergency Fund

| June 24, 2020
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Emergency funds should always be established before you begin having a conversation on investing.

Depending on your cash and spending needs – you may want to have more emergency funds than the average person.

Having 3 – 6 months of expenses saved in an emergency fund is a great starting point.

If you are a heavier spend, are uncomfortable on the budget you created, or you have large special expenses coming up – then you should consider having more emergency funds on hand.

LARGE SPECIAL EXPENSES MAY INCLUDE, BUT ARE NOT LIMITED TO:

-              Real Estate 🏡

-              Vehicles 🚗

-              Education 🎓

-              Travel ✈️

-              Exotic Animals… 🐯

Everyone has their own “exotic” tastes.

If you plan well enough, you can plan for whatever your mind desires 🧠

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