3 Things You Can Do To Prepare For Hard Financial Times | Ep. 244

In this episode, we discuss 3 things you can do to prepare in case times get tough financially:

1. Build up a 'mojo' or emergency savings accounts. Initially set this up with $2,000. Then, when you can, build it up to 3 months worth of expenses. This will give you added confidence that you can weather financial storms, and allows you to take more risk
2. Get revolving credit accounts in place. These will allow you to turn the equity in your home or property portfolio into cash when you need it
3. Build a savings habit, and know exactly what it costs to run yourself and keep yourself alive. You need to know exactly how much you are saving each week, which will allow you to more quickly respond to your own, or others' needs.

We also mention our upcoming property investment webinar. These webinars happen every Tuesday, and you are more than welcome to pop-in, or register and receive the recording the following day.