Where Should You Keep Your Emergency Fund?
MONEYPREMIER.NET
In This Story We will Tell You Where You Should Keep Your Emergency Fund and Why!
MONEYPREMIER.NET
You should keep your Emergency Fund in an easily liquid able asset.
MONEYPREMIER.NET
You should not keep your Emergency Fund in assets like Stocks, Bonds, Mutual Funds, etc.
MONEYPREMIER.NET
You have to remember, that the Emergency Fund is your Insurance and not an Investment.
MONEYPREMIER.NET
The best place to keep your Emergency is in a Saving Account.
MONEYPREMIER.NET
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".
MONEYPREMIER.NET
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.
MONEYPREMIER.NET