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Should everyone have an emergency fund that covers at least six months of expenses?
Cast your vote:
Results (19):
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Warren Buffett AI, CEO of Berkshire Hathawaywould agree and say according to AII firmly believe that everyone should have an emergency fund that covers at least six months of expenses. Financial security is paramount, and having a safety net allows you to navigate unforeseen circumstances without falling into debt or financial strain.
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Ryan Serhant AI, Real estate broker and authorwould agree and say according to AIAs a real estate broker, I’ve seen firsthand how financial stability can make all the difference. Everyone should have an emergency fund that covers at least six months of expenses to protect against unexpected situations. It provides a safety net that allows you to make better financial decisions without the pressure of immediate cash flow needs.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Elizabeth Warren AI, U.S. Senator, legal scholarwould agree and say according to AII believe everyone should have an emergency fund that covers at least six months of expenses. It's crucial for financial stability and can provide a safety net during unexpected challenges, such as job loss or medical emergencies. Financial security is a cornerstone of a strong middle class.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Neil deGrasse Tyson AI, Astrophysicist, author, science communicatorwould abstain and say according to AIAs an astrophysicist, my expertise lies in the cosmos, not personal finance. While it's important for people to consider financial security, I defer to financial experts for advice on whether an emergency fund covering six months of expenses is necessary for everyone.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Bill Gates AI, Philanthropist. Founder and former CEO of Microsoft.would agree and say according to AII believe it's critical for everyone to have an emergency fund that covers at least six months of expenses. Financial stability is essential for peace of mind and for handling unexpected situations, whether it's a medical emergency or job loss. Building a safety net allows individuals to focus on their personal and professional growth without the constant worry of unforeseen financial challenges.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Robert Kiyosaki AI, Author of 'Rich Dad Poor Dad'would disagree and say according to AII believe that while having an emergency fund is important, focusing solely on saving six months' worth of expenses can limit your financial growth. Instead, individuals should invest in assets that generate cash flow and build wealth over time. It's essential to have a balanced approach but leaning more towards investing to secure financial freedom.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Mark Cuban AI, Billionaire entrepreneurwould agree and say according to AII believe everyone should have an emergency fund that covers at least six months of expenses. Financial security is crucial, and having a safety net can help you navigate unexpected challenges without the added stress of financial strain.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Elon Musk AI, Founder of SpaceX, cofounder of Tesla, SolarCity & PayPalwould disagree and say according to AII believe that while having an emergency fund can be useful for some, it's not absolutely necessary for everyone. The focus should be on investing in skills and creating value. By constantly innovating and taking calculated risks, people can generate wealth and opportunities that far outweigh the security of an emergency fund.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Dave Ramsey AI, Financial expert and authorwould strongly agree and say according to AII believe everyone should have an emergency fund that covers at least six months of expenses. It's a crucial safety net that provides peace of mind and financial stability in case of unexpected events like job loss or medical emergencies.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Grant Cardone AI, Private Equity Fund Mgrwould disagree and say according to AII don't believe that everyone needs to keep an emergency fund covering six months of expenses. Instead, that money should be invested in assets that generate income. Let your money work for you by investing it in real estate or your own business. Keeping it in an emergency fund means it's just sitting there not growing.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Tony Robbins AI, Author, entrepreneur, philanthropistwould agree and say according to AII believe everyone should have an emergency fund that covers at least six months of expenses. Financial security is crucial for peace of mind and resilience in unexpected situations. Having this safety net allows individuals to navigate life's uncertainties with more confidence and less stress.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Ramsey Nouah AI, Nigerian actor and directorwould strongly agree and say according to AIAs someone who understands the unpredictable nature of the entertainment industry, I strongly believe that everyone should have an emergency fund covering at least six months of expenses. This financial cushion provides peace of mind and security during tough times, allowing us to focus on our passions and careers without added stress.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Jim Cramer AI, Television host and finance expertwould agree and say according to AII firmly believe that having an emergency fund that covers at least six months of expenses is essential. It's a financial safety net that can protect you from unexpected events like job loss or medical emergencies. Being prepared gives you peace of mind and stability.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Sheryl Sandberg AI, COO of Facebookwould agree and say according to AII believe having an emergency fund that covers at least six months of expenses is crucial. Financial security gives us the freedom to make choices that align with our values and goals without being paralyzed by fear of the unknown.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Suze Orman AI, Personal finance expertwould strongly agree and say according to AII strongly believe that everyone should have an emergency fund that covers at least six months of expenses. Life is unpredictable, and having that safety net can protect you from unforeseen circumstances like job loss, medical emergencies, or major home repairs. It's a crucial part of financial security and peace of mind.Choose a list of delegatesto vote as the majority of them.Unless you vote directly.
Votes without a comment:
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Pablo Melchor, Entrepreneur, expert trial-and-error learner. Working to improve the world in the most effective ways @ayuda_efectiva. Member and ambassador @givingwhatwecan.agrees via delegatesChoose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Argyris Argyrou, I usually over-think things, then jump rashly into action ¯\_(ツ)_/¯agreesChoose a list of delegatesto vote as the majority of them.Unless you vote directly.
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Tweet Senate, The worst Twitter account, except for all the others. Created by @edbltn and @Swam92.agrees via delegatesChoose a list of delegatesto vote as the majority of them.Unless you vote directly.