In this week\'s PLAN WELL INVEST WISELY podcast, we talk about\\xa0Amazon Prime\'s recent price\\xa0increase and how having a funded emergency fund helps you make smarter financial decisions.
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Rethinking Amazon Prime
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For those who don\\u2019t know, Amazon Prime is a membership program which gives members unlimited free two-day shipping on millions of items on Amazon.com and instant access to over 40,000 hit movies and TV episodes streamed directly you TV, computer, or tablet.
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The benefits of my Amazon Prime membership are clear. Recently, when Amazon Prime increased its annual fee by $20, it made me stop and examine how I use it. I found some negatives.
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\\xa0It\\u2019s too easy.
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Amazon Prime is too good at tempting me.
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I\\u2019m weak.
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It\\u2019s a family affair.
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Let\'s talk About\\xa0Emergency Funds.
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Your emergency fund\\xa0acts as a shock absorber in your financial life. In this podcast, I discuss:
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What an Emergency Fund is.
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Why some people might not have one.
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Why you need one.
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What your options are when you don\\u2019t have one.
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How much you should have in your emergency fund and why.
