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A $100,000 Emergency Fund?! | Building An Emergency Fund | Aja Dang

I'm Aja Dang and today I'm talking about emergency funds (again) - specifically... how much is too much in an emergency fund? I asked this question on Instagram and I got a wide range of answers, and a few surprised me. Some people wanted to save up +$100,000 in their emergency fund (someone even told me they wanted to have $250,000 in their emergency fund). And while I'm all here for you wanting to be prepared for the worst, the question must be asked: is that really the best use of your money? I know many people didn't know the different between an emergency fund and a savings fund so in this video, we'll go through the Emergency Fund basics: what is it, what is it for, where to put it, etc. And I answer the question WHY having $100,000 in your emergency fund might not be the best financial decision. •JOIN OUR FINANCIAL DISCORD•   / discord   • 'WHAT I USE' SPREADSHEET • http://bit.ly/3jIS3NU​ • THUMBNAIL/GRAPHICS • Elaine Zhao: http://bit.ly/394T78L​​​ • END CARD • Chrisline Raymundo: https://bit.ly/38SKvD6​​​ •SUBSCRIBE TO MY CHANNEL• http://bit.ly/SubAjaDang​​​ •STAY CONNECTED• Website: http://www.ajadang.com​​​ Instagram: http://bit.ly/IGAjaDang​​​ Twitter: http://bit.ly/TweetAjaDang​​​ Facebook: http://bit.ly/FBAjaDang​​​ Podcast: http://bit.ly/2Yyj9fJ​​​ Tiktok: ajadang