In this newsletter, I want to answer a question I get a lot when I talk about one of the ways I get creative with my emergency fund. We all know we should have one, and many professionals recommend it be kept in cash. While I do agree with that for the most part, I get a bit creative with mine and tweak it slightly.
I am a little confused. What are the benefits of making additional "regular" payments? If something comes up you already have a couple month buffer? How is that different than storing it in cash and paying it as situations arise? Thanks!
I am a little confused. What are the benefits of making additional "regular" payments? If something comes up you already have a couple month buffer? How is that different than storing it in cash and paying it as situations arise? Thanks!