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Until it's right there when you need it. It's not called an emergency fund for nothing
by kyleee 5y ago
Until it's right there when you need it. It's not called an emergency fund for nothing
- Retric 5y agoAny way you slice it 6 months living expenses earning no interest is a huge expense. For the average person putting that away at 30 means delaying retirement by around 2 years. Worse you need to keep adding money in to keep up with inflation. It’s reasonable to keep 6 weeks of living expenses on hand, but the rest doesn’t need to be in cash as long as you can quickly liquidate it.