2140: [Part 2] An Emergency Fund Can Save You from Financial Disaster and Even Grow Your Business by Dustin Heiner on Business Finances

Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital workbook immediately. It's packed with the best takeaways from the show, formatted for easy reading and implementation at home. Get your free PDF workbook here: https://oldpodcast.eo.page/join Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2140: Dustin Heiner continues his case for keeping an emergency fund as a business owner, covering exactly where to keep it so it stays safe, liquid, accessible, and earning interest. He also shares how to calculate your target number, and why avoiding bad debt is essential for entrepreneurship that lasts. Read along with the original article(s) here: https://masterpassiveincome.com/emergency-fund Quotes to ponder: "The best time to plan for hard times is when things are going well." "Bad debt (money taken out of your pocket) will be the death of your business." "Cash is king so make sure you keep your emergency fund that way." Optimal Work Daily is a daily career advice podcast where we narrate the best articles on productivity, entrepreneurship, and work-life balance, read to you by a professional narrator so you can grow your career a little more every day. Learn more about your ad choices. Visit megaphone.fm/adchoices