2: What is an Emergency Fund and Why Do You Need One?

In this episode Kolin goes over the importance of an emergency fund, why you need an emergency fund, how much you should have in an emergency fund, where you should put your emergency fund. Kolin talks about the overall reason behind an emergency fund to help listeners understand the WHY. When you understand the WHY behind an emergency fund, it all starts to make sense.

Here is a great X thread on where you can put your emergency fund

Disclaimer: Financial Footprints is not intended to provide personalized financial advice. The information shared on this podcast is for general educational and entertainment purposes only. While we aim to share helpful tips and insights, every individual’s financial situation is unique, and what works for one person may not be right for another. Always do your own research and consult with a qualified financial professional before making any major financial decisions. We’re here to share ideas and spark conversations—but when it comes to your money, make sure you get advice tailored to your specific circumstances.