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The Bougie Budget 🇬🇧
@thebougiebudget_uk

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✋🏾 WHY I HAVE AN F OFF FUND✋🏾⁣⁣ ⁣⁣ I recently shared a list of my sinking funds, which included my long-term ‘F off Fund’. A few of you asked me what this is, so here’s what I’ll be using my FoF for!⁣⁣ ⁣⁣ Basically, it’s a pot of money you can use to leave a toxic situation or restart your life if your financial situation changes. This isn’t the same as an Emergency Fund, which is designed for unplanned expenses.⁣⁣ ⁣⁣ Think of it like this: if you hated your job and voluntarily left, you’d use your F off Fund to financially support this decision. If you didn’t mind your job, but they had to make you redundant, your emergency fund would help you through this.⁣⁣ ⁣⁣ Do you have an F off Fund? What would you use it for?⁣⁣ ⁣⁣ Don’t forget to 👇🏾⁣⁣⁣ 💖 LIKE this post⁣⁣⁣ ✏️COMMENT below⁣⁣⁣ 🔒SAVE this post for later⁣⁣⁣ .⁣⁣⁣⁣⁣ .⁣⁣⁣⁣⁣⁣ .⁣⁣ ⁣⁣ #personalfinances #finances #FIRE #firecommunity #journeytofire #financialfreedom #financialindependence #financialindependenceretireearly #financialliteracy #moneymakers #wealthbuilders #growthmindset #abundancementality #wealthcreation #millionairemindset #moneymindsetshift #budgeting #budget #planning #goalsetting #gogetters #creativesofinstagram #blackwealth #incomestreams #ukmoneyblogger #futuregoals #moneysavingtips #fofffund #emergencyfund #savingmoneytips