Why Emergency Funds Don't Work

In this week’s episode we are looking at emergency funds and why I don’t believe emergency funds work for people. The phrases “emergency fund” and “rainy day fund” historically have a very negative attachment that can leave people struggling to spend it even when they need to. We are going to explore what you should be setting up instead. In this episode: What does the phrase “emergency fund” actually mean Setting up pots and giving every pound a purpose Every decision we make is driven by pain or pleasure Why motivation towards pleasure is more sustainable than coming away from pain Creating a positive connection to money with the language that we use   Resources: Join The Money Circle membership Book in a complimentary call to discuss how financial coaching can help you move from financial overwhelm to confidence and control.  Join Catherine’s Facebook Page and FREE Facebook Group My Website  My Online Courses – Investing for beginners from £1 My YouTube Channel  Connect with me on Twitter, Instagram and Facebook

Om Podcasten

It’s not about the money is for women in business who know they want to make more money whilst holding onto more money and growing an abundance of wealth. You're tired of overgiving, undercharging and being stuck in a scarcity money mindset. You know you have it in you, you just need financial confidence and an abundant mindset. You're excited and ready to learn what it takes to make more money, invest and step into wealth. Hosted by Catherine Morgan, Author, Award-winning Financial Wellbeing Speaker, Financial Coach and Trauma-informed coach. You'll learn the steps to create more wealth, grow your business, and have a better relationship with money. This is the show for you to feel good with money and to explore the meaning beyond wealth. This podcast is the one to listen to if you're a female entrepreneur. ‘Formerly the In Her Financial Shoes Podcast.’