MI067: Why and How You SHOULD Invest Your Emergency Fund with Chris Kawaja (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Importance of Having an Emergency Fund
Sally Kohn: How can money in a high yield savings account, like an emergency fund, actually lose money over time? She says we're tricking ourselves by thinking that these low bank interest rates will keep up with inflation. Kohn: What's brutal about high yield savings accounts is their tax at the highest rate. "I think it'll eventually get me to," she says.
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