@topflightinvestor: You don’t have to build your emergency savings overnight. In fact, it may take a year or three to get your emergency savings together, particularly if you have to tap it and repay yourself or debt along the way. The goal isn’t to stress yourself out now in pursuit of less stress later; it’s to make stashing a few bucks a week and strengthening your financial foundation into a habit. Ultimately, keeping you out of unnecessary debt is what your emergency fund is there to do. Just like a well-stocked fridge keeps you stuffed when a snowstorm threatens your ability to leave the house, a fat emergency fund feeds your wallet when car repairs, busted pipes, or job loss threatens your ability to pay your bills. If you want to learn more about emergency funds, like why they’re crucial, how to determine the right amount and tips for building and maintaining it, download the TFI Free 5-Step Ultimate Money Makeover PDF Guide - Link in bio 👆🏽💰📈 #nztiktok #emergencyfund #personalfinance #budget #budgeting #budgetingtips #money #moneytok #financialliteracy #financialfreedom

Top Flight Investor

Open In TikTok:

Region: NZ

Sunday 16 June 2024 07:25:56 GMT