Life loves throwing curveballs – car breakdowns, job losses, family emergencies that need immediate financial help. If you've ever laid awake worrying about "what if," this episode is for you.
In this practical, no-judgment episode, we dive deep into building an emergency fund that actually works for YOUR life – especially if you're a newcomer to Canada, supporting family in multiple places, or just trying to break the cycle of living paycheck to paycheck.
What You'll Learn:
• What an emergency fund really is (and what it's NOT)
• The 5 Whys method to understand your money behaviors
• Why your "why" matters more than the dollar amount
• Real challenges for newcomers and breadwinners
• How to start with just $5-10 per week • Where to keep your emergency fund for easy access
• When to use it (and when NOT to touch it)
• How having an emergency fund makes you BETTER at helping family
Key Takeaways:
- Start small: Even $500 can cover most small emergencies
- Use the 5 Whys method to understand spending triggers
- Having financial stability helps you support others from strength, not desperation
- Automate your savings to remove temptation
- Your childhood money patterns affect your adult financial habits
Ready to Start Building Your Emergency Fund? If you're ready to take control of your financial future and want personalized help setting up your emergency fund through a high-interest savings account, I'm here to help!
📧 Contact me: hello@marianneagudo.com 🌐 Website: marianneagudo.com 📱 Instagram: @marianneagudo
I'm licensed to provide financial services in Ontario and New Brunswick.
Important Disclaimer: The information provided in this podcast is for educational purposes only and should not be considered as financial advice. Everyone's financial situation is unique, and you should consult with a qualified financial professional before making any financial decisions. I am licensed to provide financial services in Ontario and New Brunswick only. Past performance does not guarantee future results.
Did this episode help you? Share it with someone who needs to hear it! Leave a review on Apple Podcasts or Spotify – it helps more people find practical financial advice that actually works for real life.
Connect with me:
- Blog: marianneagudo.com
- Instagram: @marianneagudo
- Email: connect@marianneagudo.com
#EmergencyFund #NewcomersCanada #MillennialMoney #TFSA #FinancialLiteracy
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Fudd Around And Find Out
UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!