Where should I keep my emergency fund?
An example of an AI chatbot conversation about where to keep your emergency fund.
Where should I keep my emergency fund?
It's best to keep your emergency fund in a high-yield savings account for easy access and better interest rates.
What if I want to invest it instead?
Investing your emergency fund isn't recommended since it should be easily accessible. Consider keeping it liquid.
How much should I have in my emergency fund?
A common guideline is to save 3 to 6 months' worth of living expenses in your emergency fund.
Are there any specific banks you recommend for high-yield savings?
Look for online banks that offer competitive rates, such as Ally, Marcus by Goldman Sachs, or Discover.
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