Where Should You Keep Your Emergency Fund?

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In This Story We will Tell You Where You Should Keep Your Emergency Fund and Why!

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You should keep your Emergency Fund in an easily liquid able asset.

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You should not keep your Emergency Fund in assets like Stocks, Bonds, Mutual Funds, etc.

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You have to remember, that the Emergency Fund is your Insurance and not an Investment.

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The best place to keep your Emergency is in a Saving Account.

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A Saving Account has the best liquidity among all asset class while providing a minimum interest on your savings.

You can also utilize something called "Liquid Funds".

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Liquid Funds are comparatively liquid while they provide interest similar to Fixed Deposits.

We have discussed each and every aspect of the Emergency Fund and how you can build an Emergency Fund for yourself on our website. Click here to read the full article.

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