10 FAST & EASY Ways to Boost Your Emergency Fund.

Give your Emergency Fund a boost with these 10 fast and easy tips! Building an emergency fund takes time and dedication, but implementing some simple saving strategies can make a big difference. In this video, I share my tried and tested tips for speeding up the process and achieve your emergency fund goal sooner. Happy saving!

Timestamps
00:00 Intro
00:15 Write it down
01:30 Automate your savings
02:08 Keep it separate
02:32 Negotiate your bills
03:14 Cut back on non essential exp
03:50 Take on a no spend challenge
04:40 Turn clutter into cash
05:36 Save your windfalls
05:52 Turn everyday spending into saving
06:12 Increase your income
06:48 Outro

__________
DISCLAIMERS & DISCLOSURES

This content is for education and entertainment purposes only. Maya does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

[CarlosMataShow]

Great quality video! Keep up the good work! I appreciate the thoughtful implementable ideas that aren’t recycled content and are instead your own. The first method (writing down), automating, decluttering (selling) old electronics are three I can implement to boost my underfunded Emergency fund.

Small feedback: Audio clarity was a little decreased (especially at beginning of video).

Thank you!

[mitchthornton]

I like how you cover a lot of info in a small window of time ..

[bobbybryant]

Great video Maya. Thanks for those tips. They were very helpful. Keep up the great work.

[rickdeleroy]

Thanks! I’m going to try the no spending challenge.

[mondoraj]

Thank you! This was motivating and helpful.

[arielwalker]

These stats are definitely interesting. Only comment that I didn’t agree with was leaving a balance on a credit card. If you can pay it down to have $10 left you probably can afford to pay the card off completely. You should always pay your credit card balance in full. There’s no reason to leave the $5 or $10 because that’s still going to accumulate interest. Just “nickel and diming” yourself.
You want to regularly report a balance on the car but pay that in full before the due date.
If you’re building credit you can put a small recurring bill on the card and then set up auto pay to pay it off on the due date.