Category Archives: Emergency Cash Fund

Borrow Smart, Repay Smart: Avoiding the First Financial Blind Spot

Dear Borrow Smart Family, Blind spots are all around, preventing us from getting where we want to go. In our quest to transform the lives of every client through financial education and direction, we have identified four blind spots that … Continue reading

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Borrow Smart, Repay Smart: How much money should I keep in a savings account for emergencies?

Question: Hi Trevor! How much money should I keep in a savings account for emergencies? Answer:  Many financial professionals suggest that you put away three to six months’ worth of living expenses for emergencies. We actually call these funds “Cash Reserves,” … Continue reading

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Borrow Smart, Repay Smart: The Story of the Magic Penny

Dear Borrow Smart Family, If you had the choice between taking $3,000,000 in cold hard cash right now or a single penny that doubles in value every single day for 31 days, which would you choose? If you’ve heard this … Continue reading

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How much money should I keep in a savings account for emergencies?

Question:                                                     How much money should I keep in a savings account for emergencies? Answer:                                                    Many financial professionals suggest that you put away three to six months’ worth of living expenses for emergencies. We actually call these funds “Cash Reserves,” because … Continue reading

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