Episode #3 Amazon Prime & Your Emergency Fund
- In this week's PLAN WELL INVEST WISELY podcast, we talk about Amazon Prime's recent price increase and how having a funded emergency fund helps you make smarter financial decisions.
- Rethinking Amazon Prime
- For those who don’t know, Amazon Prime is a membership program which gives members unlimited free two-day shipping on millions of items on Amazon.com and instant access to over 40,000 hit movies and TV episodes streamed directly you TV, computer, or tablet.
- The benefits of my Amazon Prime membership are clear. Recently, when Amazon Prime increased its annual fee by $20, it made me stop and examine how I use it. I found some negatives.
- It’s too easy.
- Amazon Prime is too good at tempting me.
- I’m weak.
- It’s a family affair.
- Let's talk About Emergency Funds.
Your emergency fund acts as a shock absorber in your financial life. In this podcast, I discuss:- What an Emergency Fund is.
- Why some people might not have one.
- Why you need one.
- What your options are when you don’t have one.
- How much you should have in your emergency fund and why.
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