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Thursday, March 18th, 2010

Tag: "savings"

Emergency Funds vs. Savings Accounts:  Navigating the Grey Area

Emergency Funds vs. Savings Accounts: Navigating the Grey Area

Chances are, if you’re reading this blog, you know about emergency funds and savings accounts. But do you know the differences between the two and when to use them?
Let’s start out by defining specific uses:
Emergency Fund: Usually consists of unplanned expenses, the ones that pop up with no warning such as unexpected [...]