Daily Juice – Debt vs Emergency Reserves

Debt versus Emergency Reserves

Daily Juice – Debt vs Emergency Reserves

Welcome to the Daily Juice Show, where we discuss just one “ingredient” of the complex money topics you face.

In previous episodes, we talked about establishing an emergency fund, or what I call a Curveball account. Its critical to your overall financial success.

I was listening to a podcast the other day and the host brought a good point: many Americans struggle with debt and the idea of finding extra money to put in their rainy-day fund. It’s just not realistic for some and he used the analogy of “Chicken and the egg”. I like this analogy, but the question shouldn’t be what comes first. It should be: How can I work on paying off my debt and build my Curveball savings at the same time? That’s what I call a real financial plan.

Watch this week’s episode for ways to think about how you manage this challenge for yourself.

Until next time, remember: It’s your money, and your future wealth, just one sip at a time.

Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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