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Message
re: Uh oh - savings
Posted on 4/24/13 at 5:45 pm to nelatf
Posted on 4/24/13 at 5:45 pm to nelatf
quote:
What is the norm...1 year living expenses?
My rule of thumb:
3-6 months of your living expenses. Anything beyond is probably unnecessary, unless you have a big purchase planned.
I say stick in in a MM. Neither a MM or CD is going to make you any real return. As such, I would focus more on having every bit of your non-emergency cash invested.
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