Deep Pockets & Stilettos
Deep Pockets and Stilettos is your new personal finance and self-help best friend. Ever felt excluded from financial conversations as a woman? That “this was not for you”? Well, this is the podcast where we debunk money myths that have been told to women, discuss investing and how to propel your finances and your career forward. This podcast also covers shifting your mindset towards abundance and getting rid of limiting beliefs to help you live your rich life.
Deep Pockets & Stilettos
Do You Need An Emergency Fund?
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Season 1
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Episode 15
Do You Need An Emergency Fund? And if so, how much do you need saved up? 3 months , 6 months, 12 months? The thing is, it’s not a cookie cutter approach and the only way to find out what works for you is to be introspective and find a number that won’t prevent you from sleeping at night.
So in today’s episode I go over a quick 3 step method to a set up an emergency fund tailored to your needs:
- Define what would constitute an emergency in your life
- Questions you should ask yourself that will determine a number that works for you for your emergency fund
- Research HYSA, open your account and set up automatic deposits
Follow Deep Pockets & Stilettos on Instagram: @dpspod
Music by AudioCoffee from Pixabay