The balance of the reverse mortgage can also serve
as an emergency fund alternative if something unrelated to the house comes up.
Not exact matches
Holding enough cash in cash
alternatives, such
as money market
funds, to cover living expenses in the event of an
emergency is critically important for money management.
«I request that the federal government treat this
as an
emergency situation and provide
funding for the short - term Penn construction and transportation
alternatives and facilitation of a long - term resolution for Penn Station,» Cuomo wrote in a letter to Trump that the governor's office released in an email.
«I request that the federal government treat this
as an
emergency situation and provide
funding for the short - term Penn construction and transportation
alternatives and facilitation of a long - term resolution for Penn Station,» Cuomo wrote in the letter.
As for other «safe»
alternatives — promissory notes, commercial bridge loans and similar products — I don't think they should play any role in an
emergency fund.
While the term is frequently referred to
as «temporary» life insurance, it can be a good
alternative for those who have certain requirements, such
as the payoff of a mortgage balance or an
emergency fund for a young and growing family.