Do you CYA?

How do you cover your assets?

Are you covering your assets?

This episode shares with you a few tips about emergency funds and emergency accounts.

High income earners and high wealth individuals treat emergency funds differently.

High income earners treat emergency funds and savings accounts as overdraft accounts or temporary places to park cash.

High wealth individuals treat emergency funds as strictly protective asset tools.

The difference is in the tragedy’s impact on a life.

Does it wipe you out or put your family or assets at risk?

Or can you go to an overflowing emergency fund and cover the difficulty and get back to your life with relative ease?

If your life resembles the former and not the latter, then you’re making your life unnecess ...