003 Emergency Savings Funds: How Much You Really Need

This week we discuss why saving "3 to 6 months of your salary" for an Emergency Savings Fund makes zero sense in the military -- or for just about anyone for that matter. We explain how income replacement is just one reason to have emergency savings, but that if you have guaranteed employment in the military, this doesn't apply. You'll learn that the three main functions of Emergency Savings are: 1. Financial Stability 2. Protection 3. Peace of Mind You'll hear examples of how an E-3 can need to save more than an O-3, and also learn specific savings targets based on your life circumstances. Listen in now to learn also where to keep your Emergency Savings Fund -- and how to keep it safe! For a limited time, the first 100 subscribers to pre-order our mini-course, "Financial Freedom in the Military" will get FREE access to the course when it launches (coming in JULY)!!! Sign up here: https://www.militarywealthcoach.com/joinus For a complete library of our episodes, blog posts, and more, visit www.militarywealthcoach.com, and follow us on all the socials by searching for Military Wealth Coach or @mwc112358.