Ken Coleman
👤 SpeakerAppearances Over Time
Podcast Appearances
What kind of margin do you guys have in your budget after all the bills are paid right now?
Okay, fantastic.
And I'm assuming before you made this phone call, you ran the numbers on this new pay and what that would look like.
And are you guys going to be struggling?
I mean, is it stressful or is there going to be enough margin where we're relaxed because we've prepared for this?
That gives you eight to 12 months to stack up even more cash.
What's your emergency fund right now?
What's the actual amount in it?
Okay.
So let's play this out.
Let's say it takes eight to 10 months before we even find out.
If you start doubling down and put more money in there, you could have a really fat emergency fund that would give you a ton of margin and sleep well in that first year.
True or false?
True.
And your wife could do some things if she had to, to make a little extra money.
True or false?
True.
Would it be worth it all to make $230,000 and have that as your trade in the end?
True or false?
Very much.