Mar 21, 2017
Did you grow up hearing that you should always have money set aside for a rainy day?
Do you have money set aside for a rainy day?
If you don't, you are not alone. Many people think of their credit cards as their emergency fund. Unfortunately, using your credit card in emergency situations only adds to the pain of the emergency because you end up paying interest rates (sometimes significant in addition to the cost of the emergency).
In this week's episode I talk about the peace of mind you can have by setting aside money to only be used in emergencies. I also talk about what is and what is not an emergency!
The music is Drifting Upstream by Hyson.