oter

Build an emergency fund from "summary" of The Dumb Things Smart People Do with Their Money by Jill Schlesinger

Having an emergency fund is like having a safety net that can catch you when unexpected expenses or financial setbacks come your way. It's a crucial component of any financial plan because life is full of surprises - some good, some not so good. Think of your emergency fund as a cushion that can help you weather the storm when things go awry. Whether it's a sudden medical expense, a car repair, or a job loss, having a stash of cash set aside can provide you with peace of mind and financial security in times of need. Financial experts recommend having three to six months' worth of living expenses saved up in your emergency fund. This may seem like a daunting task, but it's important to star...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Staying informed about changes in market regulations and laws is crucial
    Staying informed about changes in market regulations and laws is crucial
    Understanding and staying updated on market regulations and laws is essential for any investor looking to navigate the stock ma...
    Resilience is necessary in overcoming obstacles
    Resilience is necessary in overcoming obstacles
    Resilience is a quality that separates the successful from the unsuccessful. Life is full of obstacles, challenges, and setback...
    The rich focus on assets, not liabilities
    The rich focus on assets, not liabilities
    The rich understand that assets are things that put money in their pockets, while liabilities are things that take money out of...
    Make small changes for big results
    Make small changes for big results
    The key to building wealth is to focus on making small changes that will have a big impact on your financial future. By making ...
    Learn about passive income streams
    Learn about passive income streams
    Passive income streams are a key concept to understand if you want to achieve financial independence. This means making money w...
    Capital budgeting involves longterm planning
    Capital budgeting involves longterm planning
    Capital budgeting is a crucial aspect of financial decision-making for businesses. It involves the evaluation of potential long...
    Flexibility is important in adapting to financial changes
    Flexibility is important in adapting to financial changes
    One of the key principles that can significantly impact our financial well-being is the ability to remain flexible in the face ...
    Focus on increasing your income
    Focus on increasing your income
    The key to building wealth is to focus on increasing your income. This may seem obvious, but many people overlook this simple t...
    Education does not guarantee financial success
    Education does not guarantee financial success
    Education has long been seen as the pathway to success. However, Robert Kiyosaki challenges this belief in his book, emphasizin...
    Conclusion: Reflecting on the lessons learned from the Dodgers business adventure
    Conclusion: Reflecting on the lessons learned from the Dodgers business adventure
    After going through the various ups and downs of the Dodgers business adventure, it is crucial to take a step back and reflect ...
    oter

    The Dumb Things Smart People Do with Their Money

    Jill Schlesinger

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.