Tagged Questions
14
votes
6answers
445 views
Importance of liquidity in emergency fund?
I know standard rules of thumb are that it is a good idea to have a liquid emergency fund of between of anywhere from 3-8 months of expenses (depending upon the source). How important is liquidity ...
11
votes
8answers
565 views
Put idle savings to use while keeping them liquid
Since I graduated from college, I've collected ~$15K USD of savings. Currently this is sitting idle in a low interest checking account. I'd like to put it to better use, but I also need to make sure ...
0
votes
0answers
447 views
How many months' worth of living expenses is considered an adequate “Rainy Day” fund? [duplicate]
Possible Duplicate:
As a general rule, how much in “liquid” emergency savings should I have?
I know I should have one, but I don't know how to start and how much I should have.
15
votes
13answers
7k views
As a general rule, how much in “liquid” emergency savings should I have?
I'm buying my very first home next week, and should be receiving the $8,000 first-time home buyers tax credit. A majority of my savings are going to the down-payment of the house, but we still have a ...
