Everything You Need to Know About Emergency Funds
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APRIL 19, 2023
Consider the minimum amount you spend each month on non-negotiable expenses like: Housing Food Utilities Insurance (health, car, etc.) Instead, keep your funds in a bank or money market account (not a money market fund, which is a type of investment) that is FDIC-insured or in a credit union that is NCUA-insured. Do not do this.
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