"When your values are clear
your financial decisions
become easy"
At The Age Of 7: David’s Biggest Financial Lesson
We were eating at McDonald's and she said to me: There are three types of people. There are those like you who come eat here, those who work here for minimum wage and those who own this place
However, one of the most impactful money lessons he learned was imparted over a meal at McDonald’s with his grandmother when he was only 7 years old.
But experts are split on whether it’s really a worthwhile investment anymore.
Money can be complicated, and everyone’s got an opinion about it.
David’s Top Tips To Sustain An Emergency Fund
Struggling To Build Up Your Emergency Fund? See David's Top Tips Here
A May report by the Federal Reserve showed in a 2015 survey of households that 46 percent of respondents said they would struggle to meet emergency expenses of $400. That means small hiccups in life, such as a car repair or a hot-water heater breakdown, would leave many people unable to scrape up funds for those expenses.
Store Your Emergency Savings In A Money Market Account
How To Set Up Your Emergency Fund
According to troubling research from the Federal Reserve, nearly half of Americans wouldn’t have enough money on hand to cover a $400 emergency.
“No matter how well you plan or how positively you think, there are always things out of your control that can go wrong,” David Bach writes in his bestseller “The Automatic Millionaire,” which is being re-released this December.