Owen Raskovich
π€ SpeakerAppearances Over Time
Podcast Appearances
So we've said at least $2,000.
To get to that, if you go back to your GoBag, your emergency cash buffer episode, you can find out how we can give you some tips in doing that.
But the most obvious one is sell some stuff, save some extra cash, don't go out, save the money.
We might be forced to stay home in the next few weeks, which would probably be a good thing for our hip pocket.
So as long as you're still paid,
keep saving that money.
Put it in that offset if you've got a mortgage or your redraw if you've got a mortgage or put in a high interest savings account and keep it there.
Don't touch it.
That's what it's for.
You know, if the worst should possibly happen, which I don't think is going to happen, but if it does, then you've got that there.
And remember, we want to get that to up to six months, up to six months of living expenses.
It's a lot of money, but if you put that money against your mortgage, then you can actually, it's actually a good use of money.
So toilet paper, do you need it?
Well,
Yeah, you probably do.
But you probably don't need as much as what some people are accumulating.
We're talking about accumulating assets.
Toilet paper is not something that pays you a dividend and it does not pay you a rental income.
So it's probably not something that you need to pile high in your third or fourth bedroom.
But by all means, knock yourself out.