65. The Fundamentals of an Emergency Fund

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When faced with unexpected expenses, reaching for your plastic can be an easy option. But easy is not always the best option.

In this episode, Royal Standley discusses the importance of avoiding over-complicating an emergency fund and how you can build your own. He reveals how an emergency fund benefits your financial plan even before you start creating a retirement plan and the debt you can avoid. 

Royal discusses:

• The importance of educating employees and clients on emergency funds
• The difference between using an emergency fund and reaching for plastic
• Why you should focus on one step at a time
• How to build your emergency fund
• And more!

Connect with Royal Standley:

• Oregon Pacific Financial Advisors 
• About Royal Standley
• Schedule Online with Royal Standley 
• (541) 772-1116
• Email Royal Standley

Additional Resources:

• Episode 8 – How to Use Dave Ramsey’s Baby Steps

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.