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Optimal Finance Daily - Financial Independence and Money Advice

2487: Should You Invest Your Emergency Fund? by Jesse Cramer of Best Interest on Calculating How Much to Save For an Emergency

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 19 October 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

Jesse Cramer talks about if you should invest in your emergency fund Episode 2487: Should You Invest Your Emergency Fund? by Jesse Cramer of Best Interest on Calculating How Much to Save For an Emergency Jesse started The Best Interest in 2018. He was a mechanical engineer by day, working on satellite telescopes. But his passion was to help people improve their personal finances.  He began writing to "learn in public," to help people, and to add genuine signal to an otherwise noisy Internet.  Fast forward to now. So much has changed.   -The Best Interest was nominated for 2022 "Personal Finance Blog of the Year"   -Jesse has been on CNBC, MSN, the Motley Fool, Yahoo Finance, and more.  -Jesse created a book with 30 other personal finance experts contributing a chapter each.   -And Jesse left engineering. He now works for a fiduciary wealth management firm with one important mission: helping people achieve their financial goals.  The original post is located here: https://bestinterest.blog/should-you-invest-your-emergency-fund/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Sometimes running a business can feel like cycling uphill, with square wheels!

0:10.0

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0:15.0

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0:18.0

Soon it'll feel more like freewheeling downhill.

0:21.0

On a tandem!

0:23.0

With a messer on the back.

0:26.0

Search zero with an X, because healthy business is beautiful business.

0:31.0

Hi, I'm Danny Dyer, and welcome to What's That Smell?

0:37.0

Smoking with a hint of burgers is my barbecue apron.

0:41.0

Luckily, I can make this smell like freshly picked lilies.

0:44.0

Just pop it in the washing machine, add some surf tropical lily laundry detergent and...

0:49.0

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0:53.0

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0:57.0

You can make anything puff of surf.

1:01.0

This is Optimal Finance Daily, Episode 2487.

1:05.0

Should you invest your emergency fund by Jesse Kramer of BestInterest.Blog.

1:11.0

And I'm your host and personal finance enthusiast, Diana Mariam.

1:15.0

Now let's get right to it as we optimize your life.

1:22.0

Should you invest your emergency fund by Jesse Kramer of BestInterest.Blog.

1:27.0

True Story.

1:30.0

In January 2019, my now fiancé and I were stuck in a freezing cold Airbnb in rural upstate New York.

1:38.0

It was supposed to be a relaxing weekend.

...

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