Episode 20- Emergency Funds: The Real Safety Net for Your Future

22/09/2025 42 min Temporada 1 Episodio 20
Episode 20- Emergency Funds: The Real Safety Net for Your Future

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Episode Synopsis

Most people know they should have an emergency fund—but how much is enough, where should you keep it, and why does it matter so much? In this episode of Compound Growth, Wheeler and Colin dive deep into the psychology and strategy behind building an emergency reserve that actually works.From high-yield savings accounts to the myths about tapping into retirement funds, they break down why liquidity matters, how to decide between 3, 6, or even 12 months of expenses, and the real math behind savings versus stock market returns. Along the way, they share stories, stats, and the often-overlooked psychological benefits of simply knowing you’re covered.They also tackle the changing financial landscape—from the wild returns of the 1980s, to the rise of Robinhood and crypto, to why so many Americans still struggle to cover even a $400 emergency. The message is clear: before chasing the “next big thing,” it pays to lock in your financial foundation.Follow Us: Instagram: https://www.instagram.com/compoundgrowthpod YouTube: https://www.youtube.com/@CompoundGrowthPodcast TikTok: http://www.tiktok.com/@compoundgrowthpod Wheeler’s LinkedIn: https://www.linkedin.com/in/wheeler-crowley-0a63933b/ Colin’s LinkedIn: https://www.linkedin.com/in/colin-walker-mba-6099a038/ Credits:Created By: Wheeler Crowley and Colin WalkerProduction Assistance: Tori RothwellEditing and Post-Production: Steven Sims

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