The author discusses the importance of using money as a tool for helping friends during crises, especially highlighted during the pandemic. With friends facing challenging circumstances, including illness and heartbreak, the author created a "Friend Emergency Fund" with $300 allocated for assisting loved ones financially. This fund has been actively used over five years to provide aid, such as covering food expenses and utility bills, illustrating a practical approach to supporting friends without in-person interaction.
I always say that money is a tool we use to shape our lives and the world around us.
I started my "Friend Emergency Fund" savings account... dedicated to helping my friends and loved ones when they were at their lowest.
Five years later, I still have this savings account and maintain the balance at $300. It's become a permanent part of my financial life.
As a financial educator, I teach that money is a tool we use to shape our lives and the world around us.
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