4 ms·
Because it makes since to keep an emergency fund, even a small amount, say 10-15k, will earn 125-150 (obviously more or less depending on rate) in a savings acc
by sithlord 6y ago
Because it makes since to keep an emergency fund, even a small amount, say 10-15k, will earn 125-150 (obviously more or less depending on rate) in a savings account is better than roughly 0 in a checking account.
- thekyle 6y agoWhat I do is use credit cards to cover emergency expenses and then sell some of my bond ETFs to pay the loan after a few days. That way I get to earn 2/3% interest and have liquid access to my money.