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Awesome Marriage Podcast

3 Money Tips That Saved My Marriage #2 - Emergency Fund | Ep. 31

Awesome Marriage Podcast

Dr. Kim Kimberling

Marriage, Awesomemarriagepodcast, Marriagepodcast, Awesomemarriage, Marriageadvice, Society & Culture, Religion & Spirituality, Relationships, Christianmarriage, Christianity

4.9802 Ratings

🗓️ 19 January 2017

⏱️ 13 minutes

🧾️ Download transcript

Summary

This week we will be diving into 3 money tips that can save your marriage. Dr. Kim and Christina discuss the 2nd tip today: having an emergency fund.

Tune in to learn more about what an emergency fund is, how to save for it, and how it works.

Be sure to tune in tomorrow as well to learn the 3rd and final tip that can save your marriage!

 

RESOURCES

Taking Financial Peace University is a great first step to getting your money on track. Check out Dave Ramsey’s resources at Dave Ramsey’s website.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Awesome Marriage Podcast, a place for honest conversations about marriage and how to have the relationship that God has designed for you.

0:09.7

I am your co-host, Christina Dodson.

0:11.9

On the show will be our host, Dr. Kim Kim, Kimberling and Nell Smith.

0:15.7

To engage with the Awesome Marriage podcast, use the hashtag Awesome Marriage.

0:20.8

Too many marriages are struggling to survive when they were meant to thrive.

0:25.1

Take a step today towards building an awesome marriage by signing up for Dr. Kim's One Thing email.

0:31.6

Each day, you will receive one practical thing that you can do to better your marriage.

0:36.8

Sign up at Awesomemarriage.com

0:38.9

backslash one thing. Well, today we're going to be continuing our mini series on money

0:44.9

tips that save my marriage. We're going to be talking about tip number two today, which is

0:48.9

having an emergency fund. So Dr. Kim, before we even get started, what is an emergency fund? And why do we need it?

0:57.2

I think my definition probably is pretty much what Dave Ramsey says, and that you have some

1:00.9

money set aside. So when something comes up, unexpected, you've got the money to pay for it,

1:05.9

and you don't have to go to a credit card, or you don't have to borrow money from someone or a bank.

1:10.8

You've got the money

1:11.4

to pay for it. And, you know, because things are going to happen. I mean, we had a period last year.

1:17.5

We had a sewer line go out and we had an air conditioner go out. And if we hadn't had plans where we

1:24.0

could take care of those things, it would have been crazy. You know, how do you do that?

1:28.5

So, and that, that stretch is pretty big at those times because they were both big things.

1:32.9

But the thing is, just have that money there.

1:35.9

So you just, when something happens, you're able to take care of it.

1:39.6

Yeah, absolutely.

...

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