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The Single FASTEST Way To Build An Emergency Fund

The Single FASTEST Way To Build An Emergency Fund?

PRIORITIZE

Take a dive with me into my quick guide on the most effective strategy for rapidly building an emergency fund.

Whether you're facing unexpected expenses or planning for future financial security, having a robust emergency fund is crucial. In this video, I will share with you the single fastest method to establish and grow your emergency fund, helping you achieve financial stability and peace of mind. These expert tips and actionable advice will empower you to take control of your finances and prepare for any unforeseen circumstances.

The single fastest way to build an emergency fund is to PRIORITIZE it. Here’s how:

#1 Where Does The Money Go?

What typically happens: Income comes in, pay for immediate expenses, and whatever is left over is used to save or pay down debt.

What I did: Income comes in, I take off what I would like to save or pay down debt, and then live on the rest.

“I took into consideration my expenses were covered and with this method I was able to pay off almost $100,000 in 3 years.”

#2 Ask Yourself This Strategy Question

Do you feel like you make ‘not enough’, ‘just enough’, or ‘more than enough’ money to cover your expenses?

“This strategy question will assess where you are and what needs to happen for you to hit your financial goals with ease.”

#3 Save That Money Fast

Reasons for over-spending and not having the systems in place to manage your money come from not being used to having “more than enough” and not knowing what to do with that extra income.

“Income comes in, you split it off right away and move whatever you want to save to somewhere you can’t touch it or see it. Behaviorally, making it hard to access is going to make the money last longer.”

#4 Accountability

Find a friend, coach, partner, or someone who can hold you accountable to hit your goals. Here’s where I come in:

“I’m not here to tell you to cut out coffee or trips, I am here to remind you of the vision you’re creating for your life and to support you in learning how to operate in alignment with that vision so you can experience it and have more freedom.”

Ready to start your Financial Freedom journey? Book a call with me to get personalized insight on your spending situation and create a customized financial plan.