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re: Best strategy for emergency fund savings?

Posted on 4/30/15 at 10:47 am to
Posted by Salmon
On the trails
Member since Feb 2008
83630 posts
Posted on 4/30/15 at 10:47 am to
quote:

Also, it's probably wise to have a couple grand serving as a cash buffer in savings for more minor events that aren't true emergencies.


this

I keep $5k in a money market account for common emergencies like AC going out, car repairs, minor medical bills, etc

I'll use my roth if I ever have a serious emergency like losing my job or serious medical bills
This post was edited on 4/30/15 at 10:49 am
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