Why You Need An Emergency Fund | Better Wealth with Caleb Guilliams

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Today’s economic conditions from Covid-19 have left businesses and individuals struggling to sustain themselves financially. However, those who have built emergency funds prior to the economic downturn have seen a growth of opportunity and a peace of mind.

In today’s Motivational Monday Episode, I discuss the importance of an Emergency Fund. I look at the devastating impact around the world for business and personal economies that had based their existence around the idea of future cash flow. I talk about why the mindset of "future cash flow" cannot sustain during a time of economic downturn. I discuss why emergency funds and the mindset of building emergency funds can bring both growth for opportunity in the future and why it also brings peace of mind both for business and personal sustainability.

#BetterWealth

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BetterWealth

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Caleb Guilliams

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