#67: Do You Even Need An Emergency Fund?

What is an Emergency Fund? Do you even need an Emergency Fund? How much money should you keep in your Emergency Fund?

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Show Notes: 

• "When faced with a hypothetical expense of $400, 64 percent of all adults in November 2020 said they would have covered it exclusively using cash, savings, or a credit card paid off at the next statement (referred to, altogether, as "cash or its equivalent")—largely unchanged from 2019" 
• Dave Ramsey - A Quick Guide to Your Emergency Fund
• Ramit Sethi - Emergency fund: how a few thousand dollars can save your life
• Morgan Housel
  • The Psychology of Money
  • Never Saw It Coming - Collaborative Fund Blog 
• Cardi B
• Scott Trench  - Runway 
• BiggerPockets - An All-Out Approach to Financial Independence at an Early Age with Scott Trench | BP Money 2 (YouTube) 
• Kodak Black Throws Stacks of $100 Bills Into the Ocean & Down the Toilet in New Videos 
• Warren Berkshire 
• Coast FI/RE
• Affirm 
• Sequence Risk 
• Timing Leverage in Retirement – SWR Series Part 52 (Sequence of Return Risks) 

Related Status Post Adulting Episodes:

• #5: Personal Finance Basics (Apple or Spotify) 
• #25: Opportunity Cost (Apple or Spotify) 

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