Good Cents by Payactiv
Navigating Financial Emergencies With Ease
This podcast episode provides practical tips for building a $500 emergency fund in 90 days. Key points include:
- Breaking down the $500 goal into a more manageable $5.56 per day savings target
- Identifying areas to cut spending, such as subscription services, dining out, and impulse purchases
- Exploring ways to increase income through overtime, side hustles, or finding a higher-paying job
- Automating saving1 transfers to make the process easier
Utilizing tools like the Payactiv app2 to access earned wages3 and avoid fees