Worth It

Do you know your numbers? We’re not talking about your numbers like how much you have in your checking account, or age and weight (which we shouldn’t be asking about anyway!). By “numbers,” we mean the three numbers that can help you ride out this COVID-19 crisis… or any big unexpected life change that comes your way. We’re talking about: How much money you really need to make Your emergency fund number Your BULB threshold In our latest Wealth by Design episode, we talk about calculating those three numbers and how you can actually reach them. WHAT YOU’LL LEARN [00:31] Why you need to “know your numbers” [03:45] The questions we’re all asking ourselves right now [06:09] How you know you’re financially secure   [06:58] Getting your finances (and mindset) in order  [10:04] What is your income need? [10:53] How to calculate your true income need number [11:35] Calculating your emergency fund number and BULB number [12:51] A quick note about reaching BULB status [14:35] How to get to those three numbers [17:07