2. Financial Whys and Importance ...
2. Financial Whys and Importance of Emergency Fund

The Seafarer Investor by Seoshin

Episode notes

Today's episode will be about knowing your Financial Whys- why it is so important than just having a financial goal on its own. Also, I will be talking about how an emergency fund works and why it is so important before everything else.

timestamps in this episode:

  • Why I am not talking about investing immediately [00:43]

  • What is a Financial why and why it differs from a financial goal. [02:23]

  • Why accumulating money is stupid. [06:30]

  • How to go about your Financial whys? [07:30]

  • Why have an emergency fund? [11:00]

  • Going deeper, what is and how much of an emergency you need? [14:00]

  • Why seafarers must have bigger and longer emergency fund. [16:35]

  • Please leave your emergency fund alone [18:43]

  • A way to invest y ... 

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