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RE: Money Hacks #11 - Start an Emergency Fund

in #blog6 years ago

Yes I have a fund. 3-6 months is recommended though I have at least 1-2 years worth of expenses saved up.

Also, do not forget to put that fund into a high yield savings account to take advantage of rising interest rates (1.75 - 2% at the moment).

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That's great! It sounds like you are on top of your finances. 1-2 years is a decent buffer.

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