⏱️ millionaireME Minute | Build Your Financial Shock Absorber

Jon Goodman

Apr 8 • General discussion

Most people hear “emergency fund” and think:

👉 3–6 months of income

That’s not wrong…but it’s not precise either.

Because in a real emergency, you don’t need to replace your lifestyle—you need to protect your life essentials.

Let’s tighten the target 🎯

Start Here: Your “Gotta Pay” Number

This is your bare-minimum monthly burn rate:

• 🏠 Housing

• 🍽️ Food

• 🚗 Transportation

• 🔌 Utilities (including internet + essential services)

• 🛡️ Insurance

• 💳 Debt Payments

That’s it. No fluff. No lifestyle creep. Just survival + stability.

Then Do This:

👉 Multiply that number by 3 to 6

Not your income. Not your spending. Your essential expenses.

Why?

Because emergencies don’t care what you earn…They care what you owe.

Example:

If your “Gotta Pay” number is $4,100/month:

• 3 months = $12,300

• 6 months = $24,600

That’s your runway. Your optionality. Your peace of mind.

Why This Works (and Sticks)

Most people fail here because the target feels too big.

But when you shift from income replacement → expense protection, the goal becomes:

✔ More realistic

✔ More actionable

✔ More achievable

And most importantly…

✔ More likely to get done

Bottom Line

You’re not building a pile of cash.

You’re building:

• Time

• Flexibility

• Breathing room

Or as we say…

👉 Options.

If this helped, share it with someone who’s working hard but hasn’t seen it show up yet.

And if you want more like this—simple, practical, and directionally correct—then stay tuned!

The best is yet to come!

⏱️ 🐷 🚀 #UnleashYourInnerTBA

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