Sim Kaur

And now you're trying to decide between, should I pay for my rent or my mortgage?

Or should I like fix this expense?

There's always an expense coming up.

I mean, my, my car, again, another tire, $600.

What's going on?

But it was okay because I have my emergency fund.

It's so, so, so, so important to have that rainy day fund set aside.

The fourth thing that we're going to do is we're going to have some hard conversations with our partners or our dependents or just people in our lives that we interact with where money might come up.

And it's that conversation where you sit down with them.

My parents had this conversation with me once when they were going through a

We are going to be going through a bit of a tighter time with money.

You don't have to go into details as to why or how much, but it does mean that some things are going to change and we're going to prioritize putting some money in our emergency fund.

So we might be going without some of

the extra luxuries in our life.

And for example, you can say, you know, we won't be eating out as much as a family, or if you're talking to your friends, Hey, look, I cannot really do gifts this year.

I'm really sorry.

I'm just going to focus on saving up my emergency fund.

And I hope that more sentimental gifts this year will like, everyone's getting a photo frame and like a little Polaroid of us growing up together like that.

That's all we're giving this year.

And that's okay, but you have to have those conversations because things might change.