Emergency Fund 101
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Description
In this episode of Money Grows On Trees: The Podcast, host Lloyd Ross shares valuable insights on the crucial concept of emergency funds. Through real-life examples and practical advice, he emphasizes the importance of creating a financial safety net for unexpected situations. Lloyd breaks down what an emergency fund is, how to fund it, and why it's essential for everyone, regardless of financial status. From defining the appropriate amount to have saved to explaining the sequence of financial priorities, this episode offers actionable steps to secure your financial future. Listen in as Lloyd shares the secrets to building financial resilience and breaking free from the cycle of debt.
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