066R | Letting Go of the Emergency Fund

Understanding emergency funds, investing in your house and some college and library hacks.

What you’ll hear on today’s show:

• Review of Monday’s episode
• Different scenarios for using emergency funds
• Where to put your emergency fund
• Consumers Credit Union rewards checking paying 3.09% on a balance up to $10,000, at the time of this recording. You can earn up to 4.59% depending on balance and credit card usage also.
  • CIT Bank also offers great rates. Check out our full review here.
• Jennifer asks a question about needing the fund in 2-3 years
• The different options to optimize your emergency fund
• Voicemail from Paul on whether a house is an investment
• Voicemail from Melissa on Mrs Frugalwoods’ journey with make-up
• Voicemail from Captain DIY on college hacking with trade schools
• Chris pays off $100,000 in debt
• Jessie has a great library hack
• iTunes review and book giveaway

Links from the show:

• ChooseFI events
• Paul’s podcast series: Your Home is NOT an Investment! Unless…
• Captain DIY articles
• ChooseFI debt month
• Consumers Credit Union

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• Emergency Fund And Financial Resilience