Emergency Funds Explained | How much is considered enough? What accounts to save them in?
Автор: Demi Zhuang
Загружено: 2022-05-19
Просмотров: 3282
Описание:
As we approach the 2nd half of 2022 in June, it is still NOT TOO LATE to start getting your personal finances in order.
So in today's video I share with you guys everything you need to know about having an emergency fund for rainy days, unexpected events etc and where to keep them to earn you interest + having them in accounts that are easily retrievable.
I hope you guys enjoy this one and do feel free to reach out should you have any questions!
Don't forget to LIKE & SUBSCRIBE~ It really helps. :)
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TIMESTAMPS:
00:00 - Introduction
00:15 - What is an emergency fund?
01:13 - Why you should have an emergency fund
02:00 - How much is considered enough?
03:26 - Where should you keep your emergency funds? What is considered semi-liquid and liquid?
04:40 - Insurance Savings Account
07:28 - Bank Deposit Accounts
10:03 - Comparison
11:30 - Conclusion
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