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re: Do you move your emergency fund around?
Posted on 1/8/15 at 4:57 pm to Chaplain
Posted on 1/8/15 at 4:57 pm to Chaplain
I've never did that, but I can see the advantages of it.
I do tell people with a lot of money (like very old ladies who don't want anything risker than a CD) to spread it among different banks. No issues with FDIC guarantees, and also, if an account gets hacked, it won't wipe you out.
I do tell people with a lot of money (like very old ladies who don't want anything risker than a CD) to spread it among different banks. No issues with FDIC guarantees, and also, if an account gets hacked, it won't wipe you out.
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