Why Your Credit Card Doesn't Count as an Emergency Fund and Banks Can Cut It

In today's episode, Ralph Estep Jr. and Juliet explain why a credit card limit is not an emergency fund, plus what late tax filers owe and why a bride billed her wedding guests $350.

In This Episode

✓ Third-quarter GDP grows 3.4% as September inflation hits 3.6%

✓ What late filers owe after the October 15 extension deadline

✓ How a leaky toilet runs up your water bill

✓ A bride bills every wedding guest $350

✓ One Good Question: can a $12,000 card limit count as your emergency fund?

✓ An Accountant Reacts: Ralph's RV dream and the life he wants to fund

✓ What It Cost Ralph: the $6,000 repair a week after his first home purchase

If you've ever counted your credit limit as savings, this episode will make you rethink it.

Resources

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