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Mailbag: “How much should I save, when my job is shaky?”

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Manage episode 515071456 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

How much should you actually have in savings to feel safe?


In this week’s Ask the Experts, it’s a listener letter from someone worried about layoffs and wondering whether they’ve saved enough - or maybe even too much.

Heartland Bank’s Will White joins the show to unpack what a real emergency fund looks like in 2025.


How many months of expenses should you really have tucked away? What happens if you over-save and leave too much cash sitting idle instead of investing it? And where’s the best place to keep your buffer; a high-interest account, term deposit, or offset mortgage?


If you’ve ever paused your investing to “build up the savings” or felt unsure what enough really means, this episode will give you a clear, practical framework to find your financial safety zone.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


This podcast was filmed and produced by Fanaticals

Video editing & content production by Lana Byrne

Audio engineering by Tash Chittock


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

160 episodes

Artwork
iconShare
 
Manage episode 515071456 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

How much should you actually have in savings to feel safe?


In this week’s Ask the Experts, it’s a listener letter from someone worried about layoffs and wondering whether they’ve saved enough - or maybe even too much.

Heartland Bank’s Will White joins the show to unpack what a real emergency fund looks like in 2025.


How many months of expenses should you really have tucked away? What happens if you over-save and leave too much cash sitting idle instead of investing it? And where’s the best place to keep your buffer; a high-interest account, term deposit, or offset mortgage?


If you’ve ever paused your investing to “build up the savings” or felt unsure what enough really means, this episode will give you a clear, practical framework to find your financial safety zone.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


This podcast was filmed and produced by Fanaticals

Video editing & content production by Lana Byrne

Audio engineering by Tash Chittock


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

160 episodes

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