Aug 2 (edited) ā¢ Wealth Tips of the Day
š° Wealth Tip of the Day - Planning for an Emergency Shouldn't Depend on Having More Parties.
Collecting your beer and liquor empties isnāt the same as having an emergency fund.
Sure, those bottle returns might cover another case or bottleā but they wonāt cover a blown transmission, a surprise vet bill, or a sudden job loss.
An emergency fund should be:
- š§ Liquid (not the kind that was in the empty)
- š Accessible (without a trip to the recycling depot)
- š§± Reliable (even when the partyās over)
Start with $500. Build to $1,000. Then aim for 3ā6 months of expenses.
Because when life hits hard, you want cash ā not cans.
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š° Wealth Tip of the Day - Planning for an Emergency Shouldn't Depend on Having More Parties.
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