668 - The Right Amount of Emergency Money to Keep in Cash

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 19 January 2021

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Not sure exactly how big your cash reserve should be or where to keep it? Laura answers listener questions and explains how to build your emergency fund and keep it safe so you're always prepared for what happens in your financial life. Read the transcript. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter for regular updates. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/money-finance/saving-spending/how-much-emergency-funds https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	Hello friends. Thanks for joining me on the Money Girl Podcast. My name is Laura Adams and I'm a personal
0:11.2	finance and small business author online educator
0:14.7	spokesperson and consumer advocate who's been hosting this show every week since
0:19.2	2008. I really think that this podcast can be your secret weapon for getting the
0:24.7	knowledge and motivation you need to prioritize your finances, build wealth, and
0:29.4	just have a lot more security and less stress when it comes to money. We cover a wide variety of topics
0:35.9	here each week so you can depend on learning actionable strategies and tips to take your money management to the next level.
0:44.8	So I'm really glad you're here and I hope you'll subscribe to the show that will make sure
0:49.2	that you get every episode we do publish every Wednesday and also participate. You might want to send me a
0:55.9	money question or a comment. You can do that in a couple ways. You can leave me a message
1:01.2	24-7 on our voicemail line. That's at 302-36-40-3008. Or you can send me an email using the contact page at Laura d Adams.com.
1:17.0	Also don't miss the notes for each show. We have a lot of information over in the money Girl section at quick and dirty tips.com.
1:25.6	There's a whole archive of podcasts and a full, basically a full blog post for each podcast. That's kind of like a companion to the show.
1:35.8	So if there's something I talk about or a resource I mentioned and you just didn't get to take
1:41.0	advantage of it during the podcast.
1:43.1	You can always either, well, listen to the podcast again,
1:45.7	or you can go over to the show notes for the podcast.
1:49.2	Again, that's it in the Money Girl section
1:51.4	at quick and dirty tips.com. In today's episode which is
1:55.2	number 668 I'm going to help you understand the right amount of
2:00.3	emergency cash to keep. This can be confusing because everyone's situation is different and I think not
2:07.3	everyone is actually on the same page when it comes to what an emergency fund is, what it's actually for. So today's show will answer several
	...

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