Sentences with phrase «reserves as my emergency fund»

First, for the sake of this article, I'll refer to my cash reserves as my emergency fund.

Not exact matches

Cash reserves: Some loan programs require you to have two or three months» worth of mortgage payments in the bank as your emergency fund.

They are also ideal for accumulating a cash reserve fund, where funds can be easily accessed for emergencies, such as a major car repair or a big medical expense.

As an advisor, I strongly recommend that you have at least one year of income in your cash reserves account (emergency fund).

When it comes to financial planning, one of the main considerations advisors plan for is the need for liquid cash reserves, or what we refer to as your emergency fund.

(considering EPF as savings) 2 — Review your life insurance coverage requirement after your marriage 3 — If you use your cash reserve, start RD for 12 months and start accumulating emergency fund again.

Recommendation may also be made with respect to appropriate cash reserves for emergencies and other financial goals, and a review of accounts (such as money market funds), plus strategies to save desired amounts.

Though I do keep my real estate reserves in bonds as a hedge and as emergency funds.

Then reserve some of those savings as an emergency fund.

On the other hand, there are those who eventually end up maintaining an additional «cash» position beyond their emergency fund and as part of their investment portfolio; this would mean having redundant cash reserves lying around.