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In this episode of the Personal Finance Podcast, we're going to talk about the 1-3-6 method for building your emergency fund. How Andrew Can Help You: Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here https://bit.ly/3RSGhUH Learn to invest by joining Index Fund Pro https://bit.ly/3Q6NajL ! This is Andrew’s course teaching you how to invest! Watch The Master Money Youtube Channel! https://bit.ly/45pgXZm Ask Andrew a question on Instagram https://www.instagram.com/mastermoneyco/ or TikTok https://www.tiktok.com/ Learn how to get out of Debt by joining our Free Course https://mastermoney.co/debt-course/ Leave Feedback or Episode Requests here. https://mastermoney.co/contact/ Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Monarch Money: Get an extended 30 day free trial at monarchmoney/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate going to fundrise.com/pfp Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote. Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Delete Me http://joindeleteme.com/PFP Use Promo Code PFP for 20% off! Links Mentioned in this Episode: The 10 Commandments of Salary Negotiation (Increase Your Income!) https://shorturl.at/5v8bE Why You Should Negotiate Every Bill With Nicole Lapin https://shorturl.at/554ej How to Negotiate Your Salary and Get a Raise (The Step-By-Step System!) https://shorturl.at/8omLQ How to Negotiate Your Salary Like a Pro https://shorturl.at/e8oMs How to Open an HSA (and Why You Should Consider it!) - Money Q&A https://shorturl.at/OLe0w Should You Max Out Your Roth IRA or HSA? (Money Q&A) https://tinyurl.com/3et659d2 The Super Retirement Account (HSA) https://tinyurl.com/3c73eech Where To Put Your Short Term Cash (Emergency Fund and House Down Payments!) https://tinyurl.com/2p8w84ht Latest Podcast Videos: He Built A BILLION DOLLAR Real Estate Portfolio (Here's How!) with Brandon Turner https://youtu.be/_960B_GIGSo The Mega-Back Door Roth IRA (How to Get an Extra $43,500 in Your Roth!) https://youtu.be/C7SAQc6ap_I The Ultimate Guide to Crafting Your Financial Education Plan https://youtu.be/xQm41Q-Jb2U 6 Reasons to Save as Much as You Can in Your Retirement Accounts (Even If You Want to Retire Early) https://youtu.be/6At4mOeNnWQ Connect With Andrew on Social Media: Instagram https://www.instagram.com/mastermoneyco/ TikTok https://www.tiktok.com/@mastermoneyco Twitter https://twitter.com/mastermoneyco Master Money Website https://mastermoney.co/ Master Money Youtube Channel https://www.youtube.com/@mastermoneyco Free Guides: The Stairway to Wealth: The Order of Operations for your Money https://mastermoney.co/the-stairway-to-wealth/ How to Negotiate Your Salary https://mastermoney.co/get-that-raise-ebook/ The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/ Get out Of Debt Fast https://mastermoney.co/debt-course/ Take the Money Personality Quiz https://mastermoney.co/quick-quiz/ Episode Chapters: 00:00 - Master The 1-3-6 Method 01:13 - Solve Your Cash Urgencies 05:15 - Execute Step 1: One Month 09:20 - Automate Your Primary Buffer 14:15 - Reach Step 2: Three Months 18:50 - Achieve Step 3: Six Months 23:25 - Build A 12-Month Safety Net 27:40 - Manage Your Cash Reserves 32:15 - Apply Strategic Spending Rules 37:10 - Protect Your Wealth Cycle
