3 alternatives to the traditional EMERGENCY FUND!
Channel: Jankle TV
Date: 04/06/2021

The recommended amount for an emergency fund from people with a financial background is normally 3 to 6 months. That's 3 to 6 months of a decent amount of cash just sitting around when I want that money working for me.

So today we're talking about 3 alternatives to the traditional cash emergency fund that get's an exponentially higher return and BEATS inflation.

Check out Coinbase - http://coinbase.com/join/calcan_zz?src=ios-link



emergency fund definition https://www.investopedia.com/terms/e/emergency_fund.asp

S&P 500 return https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp

Stock market return  https://www.nerdwallet.com/article/investing/average-stock-market-return

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Time Stamps

00:00 - Intro

00:35 - What is an emergency fund

01:28 - Why I this the topic?

02:24 - First place I put my money - HYSA

02:39 - What I mean by budgeting

04:17 - Pros and Cons of an HYSA

07:22 - Second alternative

08:46 - Pros and Cons of the market

10:17- Third alternative - Crypto

11:15 - Pros and Cons of digital assets


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