meta_pixel
Tapesearch Logo
Log in
Money Guy Show

How Should Your Emergency Fund Change Over Time?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.73.1K Ratings

🗓️ 5 September 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Emergency funds will look different when you're single, married, when you have kids, and when you retire. So how should those funds change over time? We'll walk you through that question and more in today's Q&A episode! Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:16.0

Let's move on to Luke out on YouTube.

0:18.6

He has a question he says, should I pay more towards student loans with the high interest

0:23.5

rate account of 5.1% or my mortgage of 5.75% they're very close.

0:35.4

I think you frustrated, Bo.

0:37.4

Well, I mean, I'm not surprised.

0:40.2

I mean, mortgage rates have been going way up.

0:42.2

I mean, I think we've been spoiled.

0:44.1

And I've shared with people, my first house purchased, my mortgage rate was 6.75 and

0:49.2

I felt like I stole it because we just come through a period.

0:52.7

My wife and I were talking about the other night is that we're because what a nerdy conversation.

0:59.7

We were talking about our old mortgage rate.

1:01.6

No, she was because we were just talking about the current world and what's going on.

1:05.5

She's like, do you remember the rates were like 8% when we were buying that first house?

1:10.0

And I was like, yeah, that's why we felt like we stole it when we got six and three quarters.

1:14.4

So to hear you grumble at five and three quarters, I mean, I get it.

1:19.4

But it's so interesting because I don't know, did Luke give his age?

1:24.4

Is he in his 20s, 30s?

1:26.6

He does not say.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.