Where to save your Emergency Savings 

😂Growing up is realising these videos are more worthy than any Netflix shows. I was never an accounting/ financial bunny 🐰 in High School. I literally 😂changed to Science from economics subjects. But after my university graduation this year. I am taking a whole 180 to be informed. We are blessed as a black community to have you in this space. Thank you 🙏.

I won't lie, I used to avoid watching financial videos because I would feel so overwhelmed by the amount of info. Making it my new years resolution to try and sort things out. Thanks for this. So helpful

Ey Nicolette, we really need to talk about ‘those’ relationships and money hey, personally I make more money when I’m single 🤔🤷🏾‍♀️ can’t wait to hear your 2021 story

6 months honey? I had a 5 year fruitless relationship. When he ended things, I saved so much money and built my business 🙌 🤣 To God be the glory

If you anticipate an emergency to happen, then it ceases to be an emergency, you have to start planning for it; but thanks for the educative and informative video.

Why aren't we taught this in school??? Your content has been such a great help

I am the first one.yes💃🏻💃🏻💃🏻💃🏻its 2022 ,I am still here.

Thank you so much for your videos. My 23 year old son started working last year. He's been listening to you and he introduced you to me. I'm so proud of how he's handling his finances. I'm also working towards comfortable early retirement. Keep doing good work.

I literally press like even before I really start watching!

Wish i had found this channel earlier this year, guess better late than sorry. Very informative ❤

Oh Queen, you are still loved in 2022 and thank you for your work.

You never disappoint me Nicolette... data is very expensive in SA but I never regret watching your videos. With you on my side. I will reach my 100k at the end of this year again... I also really appreciate your book

I love the Olivia Pope analogy. It sobers me up immediately 😄 I've just gone to my online banking and changed the account name to "Olivia Pope".

You look beautiful sisi. I've struggled to accomplish my emergency account dream but I'll do the home loan option starting this month. I think here you also won't be taking from your savings as much as you would with a regular savings account.

Nicolette is a natural teacher, I love how she emphasizes words and they linger in your head. Her articulation keeps you captivated. This is how all teachers should be like ♥♥

I've been borrowing myself money from my savings and owing a lot

Sweetheart. I am praying for your heart.

I’ve just subscribed🙌🏽. Emergency savings le yona okare e phela ena le di emergency monna! O thiba ka mo go bulega ka mo😭. May 2022 be a better year🙏🏽. Loved this video.

Waiting for the mjolo story when you are ready love. Thanks for the first video of 2022.

Notification gang. Happy 2022

Not Everything is an emergency!!! I learned that the hard way (a lot of things can wait actually). And yes separate savings is the way to go.

Vula I twitter space girl and tell this story ye ndoda 😂😂😂 I want to hear this one 😂 singimathanda I izindaba zabantu

Iyoh ska bua ka mjolo. Triggered. 2021 was hell for me in that department 😩😩😩💔💔💔

Looove love from Kenya. Asante for the insights... :)

Kindly recommend a trust which would be good for us young black women.

Ohk it was very nice to hear a side of you for a 2nd there ngomjolo was waiting for you to go in detail 😂 for the love of indaba. Love your content always learn something from it.

Reminder on the video you owe us for the fruitless 6 months of 2021 because of umjolo 😉 🐾

I'm glad i watched this video because i was looking for other ways to invest my money

Atleast you learnt a lesson from that fruitless relationship. Now we will get unlimited content.

Welcome back Nicolette!

Thanks for the tips regarding emergency fund.

Umjolo wanyisa😅😅😅 can’t wait for that one ☝️ but , thank you for the video 🥰❤️🙏

So dramatic - I love it!

oh Nicolette, I cant wait for the mjolo story🤣🤣🤣🤣

I prefer to keep 90% of my emergency fund in cash at home, that money doesn’t have to grow it just needs to be there when I need it and 10% in a bank account in case I ever need it to get home or something

I don’t know how i got here but am glad and i am subscribing

Notification squad . Happy new year ❤️❤️

Proper video and sound advice. Please try to change the room next time because the echo kinda disturbs concentration and sound. Lastly, I recommend umjolo for you, baphinde futhi that mjolo side.

Thank you

what can I do without you mara mothowaka😍✊

Before I even watch lets talk about your glow sis🥰🥰

Emergency savings really solve emergencies in it they say it must pay your monthly salary for 3months let say during strike .

I love Frac

You know my sister I needed this thanks a lot my financial bunny ❤️💖💖💖❤️

Lol 😂 The introduction about mjolo 🤣🤣

Thanks for the information dear. Much appreciated 💕

Great video. Thanks as always Nicolette! Love the quote "the best sleeping pill on the market." Came across it in your book last year & yeah, l definitely sleep well! For me l use a simple criteria to determine where to keep an emergency fund: 1) Hide it (you can't keep it handy otherwise it will get spent. Everything will become an "emergency" if you always see it e.g if you attach a savings account to your checking account & can see it on your banking app). 2. Keep it liquid i.e easy to get with no penalties. This makes things like 32 day notice accounts, savings bonds, investment accounts not ideal. You don't want to be paying a penalty to withdraw when an emergency arises or cash in on an investment when the market is down! My preference: a Money market account with no penalties & full checking privileges preferably with an Investment Management Company (not a huge fan of bank's money market a/cs). & lastly, I've learnt its best to see an emergency fund for what it is - INSURANCE against rainy days & not a wealth building tool lest one gets bogged down looking for the best interest on the market.

welcome back, you are looking good. 🙌

Compliments of the new year Nicolette! Mjolo o dirileng!?😭😭😭😭🤣🤣 Great video! 👌🏾🥰

Nicolette you have no idea how much I needed this it came a perfect time🙏🙏🙏. I shared this video with my financial partner before even watching it. My fiance and I have just accumulated a substantial amount of money in our emergency fund but now the issue is the dilemma of what exactly constitute a financial emergency. And we really don't want to start using it on non emergency needs. This will really help us. Thank you very much for your content 🙏🙏🙏🙏

I feel like I've just had my teacher tell me off for doing something wrong lol. Your tone is quite harsh and aggressive but I guess it's because you're passionate. Great video 🙂

Sis could you please create a separate video regarding the "Frank app" . I'm curious to learn more. 🥺🥺

We are here

Girl your brain is SWITCHED ON financially, really enjoy your videos, passion and experience/knowledge, thank you for sharing!

Just what I wanted to see ma'am . Starting with you this year mama . Thank you for this video

Please add links like "The frank app" or any app suggestions... so its easier for us to download

Thank you so much for this information 🙏 God bless you.

Thank you ses wam'... I used to have one until I told my wife about it😓😓😓😓😓 It's a new year and ill have to start one again.💯

Mjolo the pandemic, take slow Nicolette don't give up..

When the emergency has happened and u have used the money. What are the ways to encourage starting filling ur emergency funds again?

preaching good

In the law of attraction you setting yourself up to have an emergency, tried doing and can't do it anymore, much rather just save and not for an emergency specifically.

you have literally answered a question I've been battling with for the past few weeks. Thank you. I can't wait for the story time :D

Thank Nicolette, I took a few notes and I’ll visit the different banks to find out on the different options.

Very informative ❤

Thank you for coming back to us , we missed your financial teachings , hawu !! Asisakwazi.

Happy new year Nics ❤️ and to your family and our darling Pretty🎈

Welcome back, Happy new year Nicollet. ❤️

I honestly enjoy watching your videos. Very informative and not boring.

Now I know the difference 🤗thank you

U the BEST. Keep shinning

Thank you very much for this information🔥🙌❤ I messed up my emergency savings because I couldn't tell the difference 🤣🤣🙌💔 You're highly appreciated this side😌

Complement of the new year.... Can I have a link for the frank app

Learning so much from your channel, thank you sis❤️

"Ding Dong - Trick or Treat . . ." Governance, Markets & Institutions are Confined to binding documentation & frameworks - Insurance is our only Assurance which is non-existent unless you remain persistent...

Can't wait for that juicy story time😍😍

You know you are obsessed with Nicollete when you actually listen to her videos while in the shower 😂 thank you for sharing your knowledge with us 😄

Happy 2022..let me check the frank app. Thank you

Sorry to hear about that 6 months ,hope it’s comes with a financial lesson😂

Nicolette, please post the life update video and break it down because these guys can really be your downfall. Your 2022 will be great!

I needed this.

I'm back here to remind you to tell us about the story.... We are listening, this is a safe space😂

I love you! I learnt a lot from you over the years❤️

I was literally about to move my emergency savings into a tax free savings account 2days from now! I'm gonna get the app you talked about instead. Thank you!

Girl you are IT🙌, I've missed your videos

Nicolette, thanks so much for all your advice. Always so much valuable info. Appreciate your channel so much🙂

I had to use my emergency fund to fund my mom while she waits for her pension so am I sstarting over..

You can never go wrong with Satrix, love how professional they are and the interest ✅

Happy new year sisi❤🎊

Please make a video about paying off a car and buying a house.

😂 that first statement. hay' Wa Ghanama

This video is for me, been contemplating on where to keep my money but let it work.

Tell us the story girl am herr for it

Happy new year Nicolette. You life saver you 🎉

Love it👍👍

For a couple of months now I have been stressing out about the account and the institution I need to use for my emergency fund savings. Thank you for answering my prayer🤝

Immediately subscribed at the 1:00 min mark - I just know she can be trusted

You just always come with the right video at the right time, I know God always sends you my way every-time I have a financial questions. Thank you so much 🙏

I appreciate your frank humour😉 insightful thank you 🙏🏽

So much to learn....thanks