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The Goat Business Media
Our channel is dedicated to providing insightful, empowering content across several key areas: business development, personal finance, military veterans' growth, and homeschooling.
Here, you'll find episodes from The GOAT Business podcast, The Greatness Academy Podcast, Veterans Growing America Podcast, The 7th Cents Podcast, and The Black Homeschools Media. Whether you're an entrepreneur looking to scale your business, a veteran navigating life after service, or a homeschooling parent seeking new resources and ideas, our content is designed to help you succeed.
Subscribe for expert advice, practical tips, and inspiring stories to elevate your personal and professional journey. Join us and be part of a community dedicated to growth, greatness, and making a lasting impact!
The Goat Business Media
Do Emergency Funds Create a Scarcity Mindset? | 7th Cents Podcast
In this thought-provoking episode of The 7th Cents Podcast, Mike Macklin and Coach R.L. Simmons challenge one of the most widely accepted personal finance rules: Do emergency funds actually help—or do they keep us stuck in a scarcity mindset?
They dig into:
💸 The psychology behind saving for “just in case”
🧠 How fear-based financial advice can block abundance
🏦 When emergency funds are wise—and when they’re limiting
🧾 The difference between being prepared and being paralyzed
📈 How to build a mindset of growth, not lack
If you’ve ever felt like your money is just sitting still “just in case,” this episode will help you shift from survival mode to wealth mode.
👉 Watch, subscribe, and drop your thoughts below:
Is your emergency fund empowering or holding you back?
#7thCentsPodcast #EmergencyFund #ScarcityMindset #MoneyPsychology #AbundanceOverFear #FinancialFreedom #MoneyMindset
Follow Coach R.L. on all Social Platforms @coachrlsimmons and don't forget, Change Your Mind, Change Your Money, Change Your Life.
