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197-How Big of an Emergency Fund Should I Have? What Percentage of My Income Should I Owe In Debt Payments?

197-How Big of an Emergency Fund Should I Have? What Percentage of My Income Should I Owe In Debt Payments?

FromRadical Personal Finance


197-How Big of an Emergency Fund Should I Have? What Percentage of My Income Should I Owe In Debt Payments?

FromRadical Personal Finance

ratings:
Length:
19 minutes
Released:
May 18, 2015
Format:
Podcast episode

Description

Today, I have a tightly focused show for you with a few key points from the CFP® Board curriculum. You will need this information on the CFP® Board exam and it will be useful for you as an individual.
First, I share with you how to choose between needing a 3-month emergency fund and a 6-month emergency fund.
Next, I share with you the manageable percentages of your income which you can allocate to debt payments.
Enjoy!
Joshua

Support Radical Personal Finance on Patreon: http://radicalpersonalfinance.com/patron
Released:
May 18, 2015
Format:
Podcast episode

Titles in the series (100)

Joshua J Sheats, MSFS, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.