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Where Should You Save Your Emergency Fund?

- The First Step To Building Wealth

af Joshua King
Where Should You Save Your Emergency Fund? af Joshua King
Bag om Where Should You Save Your Emergency Fund?

Building your emergency fund is a deeply personal affair. You have many options when making your fund, but you need to consider some things. First, how big of an emergency can you expect? If you are a homeowner, it may be an A/C repair or a new roof. How fast would you need the money? If you need the money within a few hours, then a high-yield savings account may be your only option. How much risk can you assume? The more risk, the more reward. US Treasuries may be an option if you can take on a little risk. Whatever you decide, congratulations on thinking of your emergency fund. This puts you ahead of the vast majority of people on this Earth. Good Work!

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9798873517879
  • Indbinding:
  • Paperback
  • Udgivet:
  • 31. December 2023
  • Størrelse:
  • 152x229x5 mm.
  • Vægt:
  • 141 g.
  • 2-3 uger.
  • 11. Oktober 2024
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Building your emergency fund is a deeply personal affair. You have many options when making your fund, but you need to consider some things.
First, how big of an emergency can you expect? If you are a homeowner, it may be an A/C repair or a new roof.
How fast would you need the money? If you need the money within a few hours, then a high-yield savings account may be your only option.
How much risk can you assume? The more risk, the more reward. US Treasuries may be an option if you can take on a little risk.
Whatever you decide, congratulations on thinking of your emergency fund. This puts you ahead of the vast majority of people on this Earth. Good Work!

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