Tuesday, January 09, 2024
Cash Is King: How To Build Your Emergency Funds And Short-Term Savings
At any stage of life, having an emergency fund in place can offer peace of mind and the resources you may need in the event of a sudden, unexpected event. An emergency fund is essentially cash you have saved that would cover a minimum of three to six months of living expenses. As interest rates continue to soar, many people are realizing that simply keeping their cash in a checking account or a regular savings account doesn’t make dollars or sense. Many alternative options are available, which allow