Keep your longer term emergency funds in an investment account, not a savings account.
Not exact matches
In next week's
emergency budget legislation, to
keep state government operating in the absence of a new budget, Mr. Paterson will include an array of further
long -
term spending cuts, but none involving education funds, according to an administration official.
In short, cash is great for
emergencies and a cushion, but be sure to
keep the cash stash out of your
long -
term retirement accounts.
Savings accounts don't even
keep pace with inflation, meaning that an
emergency fund is a money - losing proposition over the
long term.
We use an online bank for our
emergency fund, run the rest out of our checking account — don't really
keep a
long term savings account for anything right now
Income designated for mid - and
long -
term savings goals (like automobile replacement, new furniture, etc.) is
kept in the same savings account — but is not considered part of the
emergency fund.
This program helps Windham County residents who face medical, housing, or other
emergencies keep their animals
long term by providing short
term housing until the crisis passes.
We think of our approach as
emergency first aid, buying the world time to carry out
long -
term solutions to
keep our planet habitable.