EMERGENCY SAVINGS - HOW TO & WHY! || SugarMamma.TV

Описание: Everyone needs emergency money set aside for things that happen out of our control. No matter how rick or how poor you are. Having money set aside in a seperate savings account helps:
1. Keep you out of debt OR getting deeper into debt
2. Not dent or wipe out your other savings for your goals (such as a holiday or home deposit money)
3. Sleep so much better at night

When you have emergency money, you are so much more resilient financially and you can focus on the solution, not the problem.

How To Build Emergency Money:
1. Open seperate (but linked) online savings account - no fees - higher interest.

2. Nickname the account "My Emergency Life Savings" - this will remind you what this money is for. No excuses or temptation.

3. Transfer what you can afford into this account - even if it is $1!

4. Add money when you can, build it up until you have enough and feel comfortable that it works for your situation.

5. ALWAYS replace the money when you have an emergency!

For more free financial guidance, make sure you SUBSCRIBE to my YouTube channel here: I upload every Monday and Thursday, AND make sure you hit the notification bell so you never miss an upload! →    / sugarmamma  

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W H A T A M I W E A R I N G ? - C L O T H E S + M A K E U P

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B U D G E T I N G A P P
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S O C I A L M E D I A
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SugarMamma.TV is all about educating, inspiring and empowering everyday people to create financial harmony, freedom and independence in your life. Bite-sized videos, with quick and easy to understand tips, that you can apply straight away and see the results. SugarMamma.TV is a powerful movement making money and finance more approachable, energetic and enlightening.

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