Mastering the Emergency Fund: A Complete Guide | Personal Finances Series #1

Description In today's video we are going to talk about having an emergency fund. Do you really need one? What are the benefits? Will I ever use it? Do I need to invest it? Can I invest it in stock markets? What about crypto? 🕒 Chapters 00:00 - 00:10 Introduction 00:11 - 00:28 You first financial priority 00:29 - 00:59 What is an emergency fund? 01:00 - 01:51 Why you need it 01:52 - 03:15 How much money you need 03:16 - 05:47 Where to keep the money 05:48 - 07:21 How to build it 07:22 - 08:06 Refilling the emergency fund 08:07 - 09:47 Should I invest my emergency fund? 09:48 - 10:00 Conclusion My Favourite Finance Books • Broke Millennial: Stop Scraping By and Get Your Financial Life Together: https://amzn.to/3p1cgp1 • The Psychology of Money: https://amzn.to/40UBenw Related Content 5 Essential Money Lessons They Didn't Teach Us in School:    • 5 Essential Money Lessons They Didn't Teac...   My Tech Gear Camera: iPhone 11 Lighting: GVM 80W LED (https://amzn.to/42dWMNm) Music: Bright Future - Silent Partner Microphone: HyperX HX-MICQC-BK (https://amzn.to/3LZVFep) About me Welcome to my YouTube Channel where I talk about personal development, lifestyle and personal finances. Sometimes you can find a vlog here and there as well. :) Disclaimer I am by no means a financial advisor. I share what I learn about finances in a way that I believe young people will understand better, my purpose in this channel is not to give financial advice. Also, the links above are affiliates. That means that with no extra cost to you I make a few euros if you buy something from that link. Now a few tags for this beautiful little site: investment, emergency fund, money, finances, personal finances