How to Build an Emergency Fund with Bret Johnson | Quick Tip Tuesday - 298
Build Your Tribe | Grow Your Business with Social Media
Brock Johnson
4.9 • 2.6K Ratings
🗓️ 4 June 2019
⏱️ 9 minutes
🧾️ Download transcript
Summary
How long could you survive without an income if you lost your job or your business failed? Do you have enough money put away if illness struck or an accident hit (you or your family)? Well, in this Quick Tip Tuesday, Chalene’s husband, Bret, takes over to give you strategies on how to set up an emergency fund! He’ll help you better prepare for whatever may happen in life that might result in financial hardship.
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Transcript
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| 0:00.0 | Welcome to Build Your Tribe. |
| 0:04.4 | I'm Shalene Johnson and my name is Brock Johnson and we know your time is valuable. |
| 0:10.0 | So every Tuesday we release an episode loaded with quick tips designed to get you in and |
| 0:14.6 | get you out. |
| 0:15.6 | What is up Build Your Tribe? |
| 0:17.2 | This is Brett Johnson with your quick tip Tuesday. |
| 0:20.4 | Yeah, I'm taking over a little bit today. |
| 0:22.5 | The group Brock and Shalene wanted me to do a little financial tip. |
| 0:28.1 | Just a real quick one here but boy, when Shalene and I did this, it changed our lives. |
| 0:34.7 | Like you could sleep at night. |
| 0:35.9 | Like literally this allows you peace of mind. |
| 0:39.6 | You're like, what is it? |
| 0:41.2 | What gives you peace of mind? |
| 0:42.2 | Well peace of mind comes financially when you have enough money put away that if something |
| 0:48.6 | were to happen, you lose your job. |
| 0:50.8 | There's an accident in the family. |
| 0:52.7 | There's a health issue. |
| 0:54.2 | Whatever it might be that you have an emergency fund that you know is sitting there and that |
| 0:59.3 | you can fall back on. |
| 1:01.2 | And a lot of financial advisors and people that are in the financial industry will tell you |
| 1:06.1 | that you need to create this emergency fund. |
| 1:08.7 | It has to be six or 12 months. |
... |
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