The #1 Financial Safety Net You Need to Survive Economic Downturns

Loading player...
Get My Money System here: https://learn.moneywithcarla.com/Money-System-Tool

Today we're talking about all things emergency funds. This is one of the most important blocks in your financial foundation, so it's important to get it right.

Disclaimer: Content produced by Money with Carla is intended as educational only. It does not substitute the need for professional investment advice. Please consult a licensed professional before investing in investment products. Money With Carla is not a licensed advisor and does not sell investment products.
See full disclaimer on website.
Chapters
  • 00:00 Intro
  • 01:11 How big should my emergency fund be?
  • 05:52 Where should you keep your emergency fund?
  • 11:40 Should I use my TFSA for my emergency fund?
2 Nov English South Africa Investing

Other recent episodes

My Net Worth Update 2025 (Full Breakdown)

Use my portfolio calculator: https://learn.moneywithcarla.com/offers/2JvHNqaD/checkout Sign up to my newsletter: https://learn.moneywithcarla.com/newsletter-signup Try the same quiz I did: https://www.wealthscorequiz.com/ In this episode, I'm sharing my full net worth breakdown, plus revisiting some goals I set for last year and finally setting new goals for the new year. Disclaimer: Content produced by…
21 Dec 13 min

How Much Do South Africans Really Need to Retire?

Get your FREE Financial Freedom Calculator: https://learn.moneywithcarla.com/financial-freedom-calculator If you've ever wondered how you should even know what your target number for retirement or financial freedom should be, this is for you. In today's episode I talk about everything that comes into play with the popular 4% rule and how it…
7 Dec 12 min

Sell or Keep the Cape Town Property? (Moving Abroad)

Subscribe to my newsletter: https://learn.moneywithcarla.com/newsletter-signup Submit your question: https://learn.moneywithcarla.com/money-scenario This week I'm running the numbers on whether this Cape Town property is worth keeping or should rather be sold. Disclaimer: Content produced by Money with Carla is intended as educational only. It does not substitute the need for professional investment…
30 Nov 12 min

5 Steps Wealthy Parents Take to Set Kids Up For Financial Success

My FREE mini-course: https://learn.moneywithcarla.com/mini-course If you find yourself Googling "How to give my kids a good financial future," this episode is for you. This is a generational wealth plan that can work at ANY income level. You can start big or small, as long as you just start. Disclaimer: Content…
23 Nov 8 min

Johannesburg Property: Sell or Hold On?

Submit your question: https://learn.moneywithcarla.com/money-scenario Is it best to hold on to or sell this property in Johannesburg, South Africa? Property investments are not always what they seem. So I compared a REAL house in Johannesburg to investing in the stock market. Disclaimer: Content produced by Money with Carla is intended…
16 Nov 13 min