077 | Emergency Funds and Self-Insurance - Real Life Examples | The Financial Classroom Canada
Description
In this episode, Eric provides some real life examples of why having an emergency fund is so important. While Tim and Wil provide some insight into self-insurance and why this is such an important concept to discuss.
Listen as we discuss:
-How each member handles emergency funds
-Utilizing a shared emergency fund when finances are kept separate
-Why emergency funds are good for your mental health
-What is self-insurance?
-Rising insurance costs
Hope you enjoy the episode!
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