WEBVTT - BA Q&A: Should I Invest My Emergency Fund? 0:00:16.160 --> 0:00:18.640 It's time for the b a q A. 0:00:19.480 --> 0:00:20.640 The b a q A. 0:00:20.880 --> 0:00:23.840 Okay, the b a q a A, the b a 0:00:24.280 --> 0:00:25.080 q A. 0:00:25.520 --> 0:00:27.360 Welcome to the b. 0:00:28.840 --> 0:00:32.360 Q A where you have q's and we have a's 0:00:32.520 --> 0:00:37.440 ish lowercase lowercase a's. Right, me and Manator are not 0:00:37.520 --> 0:00:44.280 your your financial advisors. We're not your therapists. No, we're 0:00:44.360 --> 0:00:48.360 not your banker. You know, we're not your morgage lender. 0:00:48.400 --> 0:00:51.080 You're insurance first. And but we are just too smart. 0:00:51.200 --> 0:00:54.200 Brown chocolate chip, well, would you would you say, are 0:00:54.200 --> 0:00:56.520 you backing amy? No? What tip would you call yourself? 0:00:59.320 --> 0:01:01.480 I guess sound like a blondie brownie instead of a 0:01:01.480 --> 0:01:02.280 brownie brownie. 0:01:02.360 --> 0:01:03.320 I hate blondies. 0:01:03.720 --> 0:01:07.640 I actually like blondies. Anyway, we're two chips right over 0:01:07.680 --> 0:01:10.560 here with a little bit of chocolate twirld in. And yeah, 0:01:10.600 --> 0:01:14.119 we're honestly, we're just too smart girls about our money. 0:01:14.520 --> 0:01:17.640 That here to give you some feedback. But ultimately, you know, 0:01:17.640 --> 0:01:20.440 we want you to take that advice and sprinkle it 0:01:20.520 --> 0:01:24.280 onto the advice you get from your paid financial professional. 0:01:25.120 --> 0:01:27.319 Not paying us. We have no contract. We just saying 0:01:27.319 --> 0:01:28.480 stuff on the internet. 0:01:28.240 --> 0:01:32.360 Okay, in other words, but we do have some juicy 0:01:32.440 --> 0:01:35.000 questions and if y'all want to submit your questions, best 0:01:35.000 --> 0:01:37.520 place to go first and foremost brownmbisson podcast dot com. 0:01:37.520 --> 0:01:39.800 You can submit a question there. But if you are 0:01:39.800 --> 0:01:43.119 already on IG, which aren't we all, go to Brand 0:01:43.160 --> 0:01:45.720 Ambission Podcast on IG you can slide into our d 0:01:45.959 --> 0:01:48.320 ms and leave us a question. If you would like 0:01:48.400 --> 0:01:50.880 to remain anonymous, that is fine, but it's more fun 0:01:50.960 --> 0:01:53.760 if you give us a you know, pseudonym or like 0:01:53.800 --> 0:01:56.520 a little pen name for yourself. So help us, help 0:01:56.600 --> 0:01:59.400 you by giving us a pen name or a pseudonym, 0:02:00.120 --> 0:02:03.520 and let's see where else. Email Brandambission Podcast at gmail 0:02:03.560 --> 0:02:06.040 dot com. You can email us your questions there as well. 0:02:08.200 --> 0:02:09.359 All right, So for money? 0:02:09.400 --> 0:02:10.080 Your career question? 0:02:10.120 --> 0:02:10.880 First? Which one? 0:02:11.919 --> 0:02:12.359 Huh? 0:02:12.520 --> 0:02:14.400 To the career one? Because I have this tab open? 0:02:14.440 --> 0:02:16.160 How about that? Okay, let's do it. 0:02:16.880 --> 0:02:20.280 A confused millennial is from this listener wants to go 0:02:20.320 --> 0:02:23.840 by a confused millennial? Aren't we all all right? And 0:02:24.000 --> 0:02:26.600 working in higher ed? So let's read this question. It's 0:02:26.600 --> 0:02:29.520 a juicy career one. She says, I work in higher 0:02:29.639 --> 0:02:32.760 education and I've been applying for jobs since September twenty 0:02:32.800 --> 0:02:35.680 twenty one. I've been trying to transition out of higher 0:02:35.880 --> 0:02:38.680 ed because I'm burnt out, I have a loss of passion, 0:02:38.800 --> 0:02:41.640 and the pay is limited. I was recently offered and 0:02:41.720 --> 0:02:45.239 accepted a better paying position at my current institution. Although 0:02:45.280 --> 0:02:48.440 I'm grateful, I just don't feel I'll be passionate about 0:02:48.440 --> 0:02:51.639 the work in this capacity, and I feel like I'm settling. 0:02:52.120 --> 0:02:54.760 So my question is it bad practice to accept the 0:02:54.800 --> 0:02:58.080 position and then possibly leave within a couple of months 0:02:58.080 --> 0:03:01.200 for something better. I have the experience of a project 0:03:01.200 --> 0:03:03.639 manager without the official title, and I'm looking to make 0:03:03.720 --> 0:03:06.960 that transition. I just don't want to make the people 0:03:07.000 --> 0:03:09.160 who have helped me get this position look bad. But 0:03:09.240 --> 0:03:12.040 I can't shake the feeling that I settled because it 0:03:12.080 --> 0:03:13.520 was the first offer I've received. 0:03:13.560 --> 0:03:20.440 Thank you for your guidance. A confused millennial. Interesting. 0:03:21.520 --> 0:03:23.760 I know that I'm the Queen a Quintin and I'm 0:03:23.760 --> 0:03:26.200 supposed to be like just put yourself first. All that 0:03:27.440 --> 0:03:30.640 I do want to like, my first instinct is like 0:03:30.760 --> 0:03:34.040 a word of caution here, especially because you know that 0:03:34.080 --> 0:03:36.520 you don't want the job itself. You're working with your 0:03:36.720 --> 0:03:40.200 at your current institution. But even if you're even if 0:03:40.200 --> 0:03:43.040 this were a job offered by another company, like Let's 0:03:43.080 --> 0:03:45.600 say it's another It's it's Meta or some big company 0:03:45.600 --> 0:03:47.320 and they're offering you this job and you know that 0:03:47.360 --> 0:03:49.720 you don't want it, you know, and you were like, 0:03:49.800 --> 0:03:51.760 should I just take it just to get out of here? 0:03:51.920 --> 0:03:53.200 I know I'm not going to like the work and 0:03:53.240 --> 0:03:55.080 I'll probably end up quitting a couple of months down 0:03:55.120 --> 0:03:55.640 the line. 0:03:55.880 --> 0:03:57.120 I don't think that's the best look. 0:03:57.720 --> 0:04:01.160 I'm not gonna lie one. And it's fresh on my 0:04:01.200 --> 0:04:05.240 mind because I just had a I had a Meta recruiter, 0:04:05.320 --> 0:04:08.160 a friend of mine named Ryan, join a session that 0:04:08.240 --> 0:04:10.680 I did for Makers, and he was and this question 0:04:10.800 --> 0:04:14.480 came up. It was like, how do recruiters feel when 0:04:14.480 --> 0:04:16.320 someone backs out of a job when they realize it's 0:04:16.320 --> 0:04:18.799 not a good fit, you know, right before they started 0:04:18.880 --> 0:04:21.000 or soon after. And he was like, God, we hate that. 0:04:21.120 --> 0:04:24.560 And in fact, at Meta we keep a list, you know, 0:04:24.680 --> 0:04:27.400 or we keep notes about that kind of stuff. It 0:04:27.480 --> 0:04:29.720 wasn't all like that, but you know, like peep, they 0:04:29.760 --> 0:04:31.960 don't forget and you don't, and I do think you 0:04:32.000 --> 0:04:34.680 want to think about, you know, what are the repercussions 0:04:34.720 --> 0:04:38.080 of me putting people through this whole process and they've 0:04:38.080 --> 0:04:40.920 turned down other candidates potentially, and they put all these research. 0:04:40.960 --> 0:04:44.520 It tastes resources and money to hire, right, So if 0:04:44.560 --> 0:04:46.800 you know that you don't want the job, let somebody 0:04:46.800 --> 0:04:49.040 else have it and keep looking for that next right 0:04:49.040 --> 0:04:50.000 opportunity for you. 0:04:51.480 --> 0:04:56.640 Wow. Okay, And I'm glad that it's recent, so you 0:04:56.680 --> 0:04:58.719 know to your point, I mean, I can understand a 0:04:58.760 --> 0:05:01.600 confused millennial not one to go and do a poor 0:05:01.680 --> 0:05:03.200 job because you know your heart is not in it. 0:05:03.760 --> 0:05:06.360 So and plus two, I don't know she said other 0:05:06.400 --> 0:05:07.919 people that helped her get the position. 0:05:08.040 --> 0:05:12.599 Yeah, it does pay better, so I see why she's tempted. 0:05:13.160 --> 0:05:17.800 Yeah, but you don't want to be someplace where you're 0:05:17.839 --> 0:05:20.400 not wanting to because you're not going to do well. 0:05:20.440 --> 0:05:24.320 Like you know, a happy employee is a there's a 0:05:24.360 --> 0:05:29.640 hard working employee and honestly, project manager SIUs, that is 0:05:29.680 --> 0:05:31.880 cute right now. Now, I can't promise that you're going 0:05:31.960 --> 0:05:34.880 to get like benefits and all those other things. 0:05:34.920 --> 0:05:36.040 But I will say with. 0:05:36.080 --> 0:05:41.520 This, really, the surge of folks going into entrepreneurship, they 0:05:41.560 --> 0:05:42.960 doesn't go by that. I don't talk to one of 0:05:42.960 --> 0:05:44.880 my friends in entrepreneurship that they're not looking for a 0:05:44.920 --> 0:05:49.520 project manager honestly because more and more they're realizing that, Like, 0:05:50.120 --> 0:05:53.440 like even me, I never thought that. How I didn't 0:05:53.480 --> 0:05:54.800 know it is how important it was that I had 0:05:54.839 --> 0:05:57.680 project managers. I want to say I started really employing 0:05:57.720 --> 0:06:02.279 project managers not last year, but the year before, because sometimes, 0:06:02.320 --> 0:06:04.599 you know, you think you have this amazing team of 0:06:04.640 --> 0:06:08.080 amazing people, and they are all amazing, but to wrangle 0:06:08.120 --> 0:06:11.840 them all together and to say here's what we're working on, 0:06:11.920 --> 0:06:14.000 and the project manager is the one that's kind of 0:06:14.080 --> 0:06:16.640 checking in, Hey manage, did you do that thing? Hey son, 0:06:16.720 --> 0:06:19.039 did you do this thing? What will that be submitted in? 0:06:19.160 --> 0:06:21.760 It was everything. Like I really leaned in when I 0:06:21.839 --> 0:06:24.480 launched the Get Go with Money in my book and 0:06:24.560 --> 0:06:26.880 a Keisha shout out to her. That was her first time. 0:06:26.960 --> 0:06:29.279 She's been a project manager before outside of the company, 0:06:29.279 --> 0:06:31.640 but never for us, and she was so nervous. I 0:06:31.680 --> 0:06:33.720 was like, are you can do it? She seleated, and 0:06:33.920 --> 0:06:37.839 it made me a project manager like advocate. I was like, wait, 0:06:37.920 --> 0:06:40.720 is that how it goes? When someone basically there are 0:06:40.760 --> 0:06:42.680 many you and it was just amazing. So I just 0:06:42.680 --> 0:06:46.160 say all that to say, project management, you know, there's 0:06:46.200 --> 0:06:48.760 there's a big demand for it, a great group to 0:06:48.880 --> 0:06:54.000 join is build it Wait, Build It Branded plus Launch 0:06:54.040 --> 0:06:56.480 with Arsha Jones on Facebook. It is just a it's 0:06:56.520 --> 0:06:59.560 just a Facebook group filled with entrepreneurs, mostly sisters, if 0:06:59.600 --> 0:07:02.800 I meant, and I love it. But what I love 0:07:02.839 --> 0:07:05.159 about it is that there are so many entrepreneurs in 0:07:05.200 --> 0:07:09.200 there looking for project managers if you're not just people listening, 0:07:09.279 --> 0:07:13.040 graphic designers, attorneys and so it's just a really great 0:07:13.080 --> 0:07:17.040 place not to pitch yourself, but to be of service 0:07:17.080 --> 0:07:20.360 by answering questions and then by thereby people saying, well 0:07:20.360 --> 0:07:22.320 what about you? Can I hire you? So just keeping 0:07:22.320 --> 0:07:24.240 that in mind, that's a great place if you want 0:07:24.240 --> 0:07:27.040 to dabble your pinky. It's called oh yes, maybe he'd 0:07:27.040 --> 0:07:28.240 never been a part of it. Let me let me 0:07:28.240 --> 0:07:30.240 get it for cheesy since my home. 0:07:30.760 --> 0:07:34.200 I'm just thinking, like, for no, for sure, should you 0:07:34.200 --> 0:07:34.760 should join? 0:07:35.080 --> 0:07:36.560 Look give me back on Facebook? All right? 0:07:36.640 --> 0:07:42.000 Fine, it's called me just see if I say yeah, yeah, 0:07:42.040 --> 0:07:47.280 it's like so brand Comma, build plus launch with Archie Jones. 0:07:47.560 --> 0:07:49.640 So maybe we can get like a link in the 0:07:49.680 --> 0:07:52.559 description yeah, brand build and launch with Archie Jones. Because 0:07:52.600 --> 0:07:55.480 when I tell you, it's like so many people who 0:07:55.560 --> 0:07:57.600 I have found I would literally type in there, Hey, 0:07:58.040 --> 0:07:59.680 like the other day, I needed somebody who knew how 0:07:59.680 --> 0:08:03.840 to do Hey, looking for assist who can slay at PowerPoint? 0:08:04.200 --> 0:08:06.280 You know, please x y z here. You can always 0:08:06.280 --> 0:08:09.280 post you're looking for someone, but you can't say they 0:08:09.320 --> 0:08:12.320 don't really want you advertising yourself. But I have seen 0:08:12.360 --> 0:08:14.920 women who are super savvy who will go in instead 0:08:14.960 --> 0:08:17.920 and answer questions, and then as a result, people are like, oh, 0:08:17.960 --> 0:08:20.400 I'd like to hire you. So that's perfectly fine. But 0:08:20.440 --> 0:08:22.440 it is such an amazing resource. I want to say 0:08:22.440 --> 0:08:24.680 I've hired at least five or six people over the 0:08:24.760 --> 0:08:28.760 last few years from brand build Launch, just because, like 0:08:28.800 --> 0:08:31.480 you know, there's some awesome people in there, So mosey 0:08:31.560 --> 0:08:33.120 on over, you guys who own businesses. 0:08:33.160 --> 0:08:34.000 It's a great place to be. 0:08:35.080 --> 0:08:38.040 I'm a mosy, well confused millennial. I hope that this 0:08:38.160 --> 0:08:40.520 helped you. And don't forget what you just said yourself 0:08:40.520 --> 0:08:42.600 and your question. I can't shake the feeling that I 0:08:42.679 --> 0:08:46.440 settled because it's the first offer I've received. Trust your gut. 0:08:46.880 --> 0:08:49.040 Your gut is telling you this is not the right fit. 0:08:49.559 --> 0:08:53.600 And one last parting thought is if you're worried about 0:08:53.640 --> 0:08:56.959 the people who've helped you get this position or offered 0:08:57.000 --> 0:08:59.640 the position in your university if you're worried about hurting 0:08:59.640 --> 0:09:01.679 their feet, and I would just be honest. I think 0:09:01.720 --> 0:09:05.120 people respond really well to honesty, and they don't want 0:09:05.160 --> 0:09:07.000 they don't want you to be unhappy, like they're trying 0:09:07.040 --> 0:09:08.600 to give you a position because they want you to 0:09:08.640 --> 0:09:10.520 be happy. And if this is not the one for you, 0:09:10.640 --> 0:09:13.520 then explain that to them. And at the end of 0:09:13.520 --> 0:09:15.400 the day, sometimes when it's time to quit, it's not 0:09:15.440 --> 0:09:18.320 just about like you could both really want it to work. 0:09:18.360 --> 0:09:21.280 It's like a relationship. But if the right role is 0:09:21.320 --> 0:09:23.160 not there for you and you want to go somewhere 0:09:23.160 --> 0:09:25.280 else to get it, then I think people again will 0:09:25.360 --> 0:09:28.719 understand when it comes to that honesty. I think is 0:09:28.760 --> 0:09:32.720 your friend here and staying true to that baby gut 0:09:32.760 --> 0:09:37.839 feeling that you're feeling. Yeah, okay, all right, let's take 0:09:37.840 --> 0:09:41.240 a quick break and I'll be back with your next 0:09:41.320 --> 0:09:47.240 questions is be a Q and A. 0:09:45.040 --> 0:09:46.760 All right, we're back. You want to want to read 0:09:46.800 --> 0:09:47.679 this one tif. 0:09:47.679 --> 0:09:50.280 Surest written all the way over it. 0:09:50.559 --> 0:09:54.240 This is from Molly May Mollie. She said, would you 0:09:54.360 --> 0:09:58.240 use your emergency fund to buy investment property which will 0:09:58.280 --> 0:10:01.520 probably which will provide a meet at monthly income, or 0:10:02.200 --> 0:10:06.800 sit on emergency fund until you have more liquid access 0:10:06.440 --> 0:10:09.200 as assets to invest. So Molly wants to know them 0:10:09.920 --> 0:10:13.000 she has this emergency fund, should she invest in to 0:10:13.000 --> 0:10:17.720 buy investment property or should she you know, just continue 0:10:17.880 --> 0:10:23.080 to keep it safe. Here's the thing, mal and a 0:10:23.120 --> 0:10:25.200 lot of people struggle with this. Even in my own company, 0:10:25.320 --> 0:10:27.160 Like there's like there was a little tussle between me 0:10:27.280 --> 0:10:32.000 and one of my co founders, not not in a 0:10:32.000 --> 0:10:35.960 bad way, but he wants we have an emergency fund. 0:10:36.160 --> 0:10:38.320 And oftentimes he's like, ah, I don't want it to 0:10:38.360 --> 0:10:40.560 just sit there. We should basically put it to work. 0:10:41.160 --> 0:10:43.480 And I am of the school of thought is the 0:10:43.480 --> 0:10:48.280 purpose of an emergency fund is for emergencies. Yeah, you know, 0:10:48.600 --> 0:10:51.400 so not to say you can't put some of it 0:10:51.440 --> 0:10:56.120 to work, but what if there's an emergency? So let's 0:10:56.160 --> 0:10:59.320 just say, God forbid, we enter into a recession. Oh wait, 0:10:59.320 --> 0:11:04.160 we're here, and then you know, you lose your job 0:11:04.280 --> 0:11:08.520 or something. And now, although that money is in this 0:11:08.679 --> 0:11:11.720 property and certainly maybe the property will pay you whatever 0:11:11.920 --> 0:11:13.840 twelve hundred bucks a month, let's just whatever, you know, 0:11:14.320 --> 0:11:18.040 but the emergency might call for more for more than that. 0:11:18.280 --> 0:11:21.200 It's almost like it is okay to give your money 0:11:21.200 --> 0:11:24.520 a job and just have it have a singular focus. 0:11:25.000 --> 0:11:27.080 The purpose of an emergency fund is not to yield 0:11:27.160 --> 0:11:30.360 you money. It is literally just the safety net. It's 0:11:30.400 --> 0:11:32.080 not like you're not using the safety net to also 0:11:32.160 --> 0:11:33.880 fish with, like, oh, why it could be a fishing 0:11:33.920 --> 0:11:36.199 net while I wait for the safety net. Well, by 0:11:36.240 --> 0:11:37.679 the time you have that out on the lake, you 0:11:37.760 --> 0:11:39.600 might actually need it from when you're gonna fall later, 0:11:40.240 --> 0:11:42.640 you know. And so I like emergency funds to stay 0:11:42.679 --> 0:11:46.360 emergency and then continue to save and then you can 0:11:46.520 --> 0:11:49.960 use investment money as investment money, because the nervousness is 0:11:49.960 --> 0:11:52.280 is that if something actually happens, you won't have the 0:11:52.280 --> 0:11:55.439 funds readily available. And you know, and here's the thing, 0:11:55.480 --> 0:11:58.360 as someone who's brought an investment property who was like, oh, 0:11:58.640 --> 0:12:00.520 you know in a few months will have money coming in, 0:12:00.800 --> 0:12:03.720 it's been two years, because you don't know what can happen. 0:12:04.200 --> 0:12:06.600 You know, the city might change some ordinance, you know, 0:12:06.720 --> 0:12:08.560 if there might be more work to be done in 0:12:08.600 --> 0:12:10.719 the house. You might have a hard time finding a 0:12:10.720 --> 0:12:12.760 good tenant. There's so many things that could go wrong 0:12:12.840 --> 0:12:15.840 before you actually start to reap the financial benefits, and 0:12:15.920 --> 0:12:19.080 so emergency fund to stay emergency. Let's just say you 0:12:19.120 --> 0:12:21.600 had a whole year's worth of emergency fund and then 0:12:21.640 --> 0:12:23.480 you say, Okay, I'm going to take six months of it, 0:12:23.920 --> 0:12:25.640 or I'm going to take nine months of it and 0:12:25.679 --> 0:12:28.840 leave them sit three months for emergencies. Then that that's different. 0:12:28.840 --> 0:12:32.719 But I would not synk my full emergency fund into investments. 0:12:33.280 --> 0:12:36.280 It's like you're getting a little impatient, right, Like you've 0:12:36.280 --> 0:12:38.280 got this money sitting there and you're thinking about it 0:12:38.280 --> 0:12:40.679 too much. I like to not think about my emergency 0:12:40.720 --> 0:12:43.439 fund at all, just forget it exists. That's why I 0:12:43.520 --> 0:12:44.839 kind of have it in like an online only a 0:12:44.880 --> 0:12:48.360 bank account that I can't necessarily just go easily and 0:12:48.400 --> 0:12:51.520 take it out. Yeah, you're thinking about it too much. 0:12:51.600 --> 0:12:53.560 You just want to like not think of it until 0:12:53.600 --> 0:12:56.640 you absolutely need it. And I mean, God forbid. It'd 0:12:56.679 --> 0:12:59.560 kind of be like if it'd be like, if I 0:12:59.600 --> 0:13:02.040 decide I'm feeling really healthy this year, I'm just going 0:13:02.120 --> 0:13:05.360 to not pay for health insurance. But the what we 0:13:05.400 --> 0:13:08.360 would never tell someone to do that, right because anything 0:13:08.400 --> 0:13:11.760 could happen, right, So I would I mean, and this could. 0:13:11.559 --> 0:13:12.480 Be whether you were in. 0:13:12.760 --> 0:13:15.520 I think maybe you're you feel like, oh, it's okay 0:13:15.559 --> 0:13:16.160 because it's an. 0:13:16.160 --> 0:13:18.920 Investment property and it's smart. But I would tell you 0:13:18.960 --> 0:13:19.439 the same thing. 0:13:19.480 --> 0:13:21.080 If you were like, I want to go on vacation, 0:13:21.520 --> 0:13:23.800 you know, and dip it into my emergency fund, I'd probably 0:13:23.840 --> 0:13:26.360 be like, maybe don't think about that. I think you've 0:13:26.480 --> 0:13:29.000 but you've proven that you can save, like Tip said, 0:13:29.040 --> 0:13:32.040 so just do it again, you know. And it's not 0:13:32.080 --> 0:13:35.920 like properties are going anywhere. Maybe in your area, maybe 0:13:35.920 --> 0:13:37.319 your worried prices are going to. 0:13:37.280 --> 0:13:40.880 Be going up. That's fair, But at the same time, 0:13:41.480 --> 0:13:41.839 it's not. 0:13:41.880 --> 0:13:44.800 Always the right time for you individually to start investing 0:13:44.880 --> 0:13:48.200 in a certain asset. And it doesn't sound like And 0:13:48.240 --> 0:13:51.520 I also feel like if you're it depends on how 0:13:51.600 --> 0:13:53.080 much you're Like, if you were going to be buying 0:13:53.080 --> 0:13:55.280 this property cash, or if you're going to be taking 0:13:55.280 --> 0:13:57.840 on a loan, the bank may want to see that 0:13:57.920 --> 0:13:59.640 you have a lot of cash on your books, so 0:13:59.679 --> 0:14:02.080 that in your bank account to even approve you for 0:14:02.120 --> 0:14:04.800 the loan. So draining, Like, if they know you're going 0:14:04.840 --> 0:14:09.680 to be draining your cash fund to get that home 0:14:09.800 --> 0:14:12.760 or get that property, they may not even give you 0:14:12.800 --> 0:14:16.360 the loan, you know, so that's another thing to potentially 0:14:16.400 --> 0:14:16.839 think about. 0:14:17.520 --> 0:14:21.120 Yeah, and literally we're in the middle of probably going 0:14:21.160 --> 0:14:23.960 to be needing emergency funds. You know. Typically people don't 0:14:23.960 --> 0:14:26.080 get a little heads up. But it's like the recession 0:14:26.160 --> 0:14:30.120 is like, hey girl, back again, even stronger hopefully. So 0:14:30.520 --> 0:14:34.040 it's like, yikes. Honestly, just in general, if you can 0:14:34.120 --> 0:14:39.080 hear the sound of our voices, save, save, save because 0:14:39.160 --> 0:14:42.960 with sessions, you know, are hard and cash is queen 0:14:43.480 --> 0:14:46.880 during with sessions, because you don't know what is going 0:14:46.960 --> 0:14:50.160 to Like Honestly, because I'm a nervous nelly, I have 0:14:50.240 --> 0:14:54.480 one year's worth of emergency fund saved. I'm excessive. And meanwhile, 0:14:54.520 --> 0:14:56.680 you know, I've got a successful business in YadA, YadA, YadA. 0:14:56.760 --> 0:15:00.920 But I just I the last recession decimated my finances. 0:15:00.960 --> 0:15:04.200 I ain't going back. I'm going back, and so I 0:15:04.200 --> 0:15:07.240 have one year saved, and that way, you know, I 0:15:07.280 --> 0:15:08.920 have a year to figure out what to do in 0:15:08.920 --> 0:15:11.880 case everything falls apart. So just to give you like 0:15:11.880 --> 0:15:14.240 a point of reference, we're not just talking about it. 0:15:14.240 --> 0:15:15.760 We'd be beat about it over here. 0:15:17.760 --> 0:15:21.640 All right, Molly More, I keep wanting to say, Molly Moore, 0:15:21.640 --> 0:15:23.840 it's just your children's books. Check it out mollymore dot com. 0:15:23.880 --> 0:15:26.120 I'm sure you have that domain. You probably have every 0:15:26.160 --> 0:15:26.920 donor for all of that. 0:15:27.040 --> 0:15:29.240 It's m A l I, you know, m A l 0:15:29.320 --> 0:15:30.000 I m mo r. 0:15:30.520 --> 0:15:34.200 If you want not forgotten about Molly Moore at all. 0:15:34.560 --> 0:15:36.680 Rio is almost old enough to not rip the pages 0:15:36.680 --> 0:15:38.560 in half, so I might need it to him soon. 0:15:39.880 --> 0:15:41.880 It's board books are bust right now. He is just. 0:15:43.920 --> 0:15:46.120 All right, miss Mollie. Thank you so much for your question. 0:15:46.200 --> 0:15:46.480 Again. 0:15:46.520 --> 0:15:48.600 If you guys want to leave us a question, you 0:15:48.600 --> 0:15:50.880 can hit us up, go to Brannambission podcast dot com 0:15:50.920 --> 0:15:55.280 and ask us anything, or direct message us on Instagram. 0:15:55.360 --> 0:15:58.680 We are at Brannambission Podcast on the Gram or Brown 0:15:58.760 --> 0:16:02.640 Ambission Podcast at emil dot com. Hey ba fan, we 0:16:02.680 --> 0:16:05.040 could not do this show without your support or the 0:16:05.080 --> 0:16:08.080 support of our team behind the scenes. The Brown Ambission 0:16:08.160 --> 0:16:10.920 Podcast is produced by Cumulus Podcast Network. 0:16:11.000 --> 0:16:12.120 It's edited by the. 0:16:12.160 --> 0:16:16.800 Wonderful Imani Crosby and produced by Tanya Bustos. Dennis Stimplinsky 0:16:16.920 --> 0:16:19.600 is our in house tech curu, and I am Bandy 0:16:19.600 --> 0:16:22.720 Woodard Santos your co host, and I will see y'all 0:16:22.760 --> 0:16:23.320 next week.