#12. Dad, does earning more money translate into more savings?

The purpose of an emergency fund is to allow a person to get through financial emergencies without incurring debt.

DAD: We need to feel pain. Pain teaches us that being strong is the only choice.

Spending all your money today because you might die tomorrow is reckless, selfish and not sustainable.

DAD: Good money habits starts at home. Most kids learn about their relationship with money from their parents.