Top o’ the Mornin’ to Ya! I want to talk about how having an emergency fund can contribute to your abundance and peace of mind. Trust me, I know from experience.
Years ago, when I was living in Denver, our old Jeep broke down, and we needed a reliable car for my long commute. Thankfully, we had an emergency fund, which allowed us to pay cash for a small, fuel-efficient car. It was a huge relief to have that financial cushion.
Later, we sold that car to a lady who took out a loan to buy it, which I believe is a big mistake. Consumer debt robs you of your abundance and creates unwanted adventure in your life.
Just this morning, I had an adventure of my own. Our sump pump line is frozen, and the water keeps filling up the basin. I’ve been manually pumping it out, but I realized I need to take my own advice from last week: when you have a problem, get it done right. So, I called a plumber to fix the issue properly.
It’s not in my budget, and I hate dipping into my emergency fund, but that’s what it’s there for. I used to hate going into debt just as much, but now I have the financial security to handle unexpected expenses.
If you’re struggling with consumer debt or need help setting a budget, I can help. I’ve taught Financial Peace University with my wife and coached people on getting out of debt. The key thing to remember is that it’s not a math problem; it’s a behavior problem; it’s a “ME” problem.
By addressing your beliefs, values, and behavior patterns, you can create a better future with less unwanted adventure, more abundance, and a greater impact on your life.
My name’s Brian, and you be blessed!
Emergency Fund, Consumer Debt, & Professionals
