How to prepare for a financial disaster

Why you need to prepare for a global economic shock, or something closer to home
James RoweSenior Video and Audio Content Creator

Whether you lose your job, your car breaks down or anything in between, it’s crucial that you have an emergency fund set aside for when disaster strikes. But bigger, global financial shocks can impact your pension and your mortgage too, so how can you prepare?

In this episode, James Rowe is joined by Which? Money Deputy Editor Sam Richardson, and Sarah Coles, Hargreaves Lansdown's Head of Personal Finance to explain it's essential to have a pot of money set aside, how much you should have, and what it should be used for.

What is the Which? Money podcast?

The Which? Money podcast offers weekly advice to help you get on top of your bills and tackles the issues hitting your pocket, from spiralling energy costs to your weekly food shop.

How to listen to the Which? Money podcast

We’ll bring you new episodes of Which? Money each Friday, with the podcast also available wherever you usually listen.

Subscribe using one of the links below or click this link on your mobile to find us in your favourite podcast app.

A transcript of the show is also available here.

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