So we have about 9 months worth of emergency savings stored up equating to about 22k. It feels wrong to have it all sitting in the regular savings account it is currently in losing value to inflation daily. The bank doesn’t offer high yield savings accounts, so I opened a brokerage and a CD imagining doing a tiered emergency savings. 3 months cash, 3 months CD, 3 months invested. I’m assuming a money market fund makes the most sense but I would love to hear opinions on all the options. If yes to MMF, opinions on which fund?
Statistics: Posted by RAW20 — Mon Apr 08, 2024 5:40 am