7 Benefits of an Emergency Fund – Episode 240

We talk about the 7 benefits of having an emergency fund. Some of these benefits are things you may have never thought about. We also share the different strategies to follow if you’re self-employed vs a salary employee.

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

• For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
• Send an email to welcome@ProsperityThinkers.com with the subject line: EO

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• 1:15 – Why most people skip over the emergency / opportunity fund
• 2:05 – Opportunities present themselves more often when we’re in a position to take advantage of them
• 4:55 – Health benefits from an emergency fund
• 6:51 – Fun travel and unexpected travel
• 8:21 – How Kim took advantage of an education opportunity
• 10:19 – Opportunities that create cash flow
• 14:16 – When and how you should start your emergency / opportunity fund

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