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Ep 56: Surprise Spending, Detours and Emergency Funds

Ep 56: Surprise Spending, Detours and Emergency Funds

Released Thursday, 2nd July 2020
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Ep 56: Surprise Spending, Detours and Emergency Funds

Ep 56: Surprise Spending, Detours and Emergency Funds

Ep 56: Surprise Spending, Detours and Emergency Funds

Ep 56: Surprise Spending, Detours and Emergency Funds

Thursday, 2nd July 2020
Good episode? Give it some love!
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Today we’re covering three different things that will all benefit you financially no matter where you are in the planning process and how you’re dealing with the coronavirus. Plus, we’re introducing a 30-day challenge that will help you track your spending.

 

Read more and get additional financial resources here: https://wp.me/paQKv1-dy 

 

Watch the video podcast here: https://youtu.be/hGMkCIXEg9g 

 

Today's show schedule: 

1:49 – How is Brian adapting to the current environment?

2:42 – Still doing a lot of Zoom meetings with clients.

3:22 – A book Robert has been reading talks about 3 areas people spend significantly more than they thought they did.

3:52 – First area: Your car

7:16 – Second area: Grabbing a bite to eat

8:21 – Third area: The little stuff

9:06 – 30 Day Tracking Challenge

12:10 – Detours from our retirement planning. 

13:21 – You need a map and a destination, much like financial planning.

14:56 – Just because detours get in the way, your destination doesn’t change.

16:29 – Last thing we want to talk about is emergency funds.

17:26 – What is truly an emergency?

20:45 – We think 3 months is better than focusing on 9 or 12 months.

22:05 - Tips for each of these financial mistakes.   

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