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No Emergency Fund? Here's Why That's Dangerous -- And What to Do About It | 4
Manage episode 482859058 series 3665662
Content provided by Julian "Jewlz The Budget Nerd" Kohlbrand, Certified Financial Coach, Julian "Jewlz The Budget Nerd" Kohlbrand, and Certified Financial Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julian "Jewlz The Budget Nerd" Kohlbrand, Certified Financial Coach, Julian "Jewlz The Budget Nerd" Kohlbrand, and Certified Financial Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode, Jewlz discusses the importance of having a small emergency fund as the first step in a debt-elimination plan. She shares her own mistakes and provides tips on how to save money. Jewlz emphasizes the need for a $1,000 emergency fund, as most emergencies cost less than that. She also talks about the importance of making a budget and gives suggestions for freeing up cash, such as having no-spend times, selling unused items, and reducing expenses. Jewlz encourages listeners to surround themselves with like-minded people and to focus their minds on financial goals.
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Disclaimer:
The information provided on this podcast is for informational and educational purposes only and does not constitute financial, investment, or other professional advice. The views expressed are those of the host and guests and are based on our own experiences. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your financial situation. Neither the podcast nor its host assumes any liability for any financial decisions or actions taken by the listener based on the information provided.
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