We jump into the cockpit with our guest Captain FI, explore the importance of emergency funds and whether or not sticking to the cash only budget is possible in 2020.
If you're craving a flight or are curious to learn more about FIRE, you can visit Captain FI here. Check out the in flight entertainment by taking a peek at the Captains recommended reading list. Follow the captains advice and track your spending with the WeMoney app.
Saving for a rainy day? Visit MoneySmart for more information on emergency funds.
Sources:
Credit cards make you spend more.
RBA statistics on cash use in Australia.
If you'd like to get a full picture of your financial health Download the WeMoney app. Use the referral code 'PODCAST' when you sign up to receive $5 when you connect a valid financial account.
Disclaimer
We Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.