12 min listen
Why Emergency Funds Don't Work
ratings:
Length:
10 minutes
Released:
May 10, 2021
Format:
Podcast episode
Description
In this week’s episode we are looking at emergency funds and why I don’t believe emergency funds work for people. The phrases “emergency fund” and “rainy day fund” historically have a very negative attachment that can leave people struggling to spend it even when they need to. We are going to explore what you should be setting up instead. In this episode: What does the phrase “emergency fund” actually mean Setting up pots and giving every pound a purpose Every decision we make is driven by pain or pleasure Why motivation towards pleasure is more sustainable than coming away from pain Creating a positive connection to money with the language that we use Resources: Join The Money Circle membership Book in a complimentary call to discuss how financial coaching can help you move from financial overwhelm to confidence and control. Join Catherine’s Facebook Page and FREE Facebook Group My Website My Online Courses – Investing for beginners from £1 My YouTube Channel Connect with me on Twitter, Instagram and Facebook
Released:
May 10, 2021
Format:
Podcast episode
Titles in the series (100)
00 - In Her Financial Shoes Podcast - Introduction: To introduce this brand new Personal finance podcast for women, hear from Catherine Morgan, founder of about what you can expect from the Podcast and why it is important for women to feel confident with money and take back financial control. ... by It's Not About The Money