How Much Money Should You Carry in Your Wallet? You will be surprised to learn what the general consensus is for the amount of cash you should always have on hand based on an article I read here:
Why you need to carry CASH at all times? Well...
There may be no ATM machines available.
Your credit card can decline.
You may need to quickly flee an abusive relationship.
Many places will only accept cash.
OR...
You could get stranded in the middle of a snow storm at night because your car broke down, which BTW, actually once happened to me and some friends where we had to get a motel.
Always carry cash and have enough to cover a mini emergency. This will be your "mini" emergency fund to safeguard you financially when you leave your house and it's a smart money savings tip to practice.
How much money do you carry wallet and what amount is comfortable for you? Leave your answer in the comment section below!
Some of my other videos you may like:
52 Week Money Challenge -5 Helpful Tips:
UPDATE 52 Week Money Challenge Dave Ramsey Inspired:
How to Build An Emergency Fund Quickly:
Music for "How Much Money Should You Carry in Your Wallet?" video:
Track: Sunrise Drive
Artist: South London HiFi
Genre: Hip Hop & Rap | Funky
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Thank you!
-Tanisa
#emergencyfund #moneysavingstips #financialemergency
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