@Tfmonkey Do you think that we should put our 6 months of emergency cash into a money market or simply keep it in a checking account and forego the gains it could make in favor of full liquidity? I'm contemplating moving 5 out of the 6 months' funds. That would give me a month's worth while I pull the rest if I need it.
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@DoubleD @Tfmonkey that depends on what you considered an emergency, for most ppl if you have your money just stagnant in the bank then yeah, put it in the money market were you can get the cash fast. But if u define an emergency as something really bad happening were even banks do a bank holiday or the gov freezes financial instruments like on 911 or 2008 financial crash then keep the money in the bank or in cash.
@DoubleD @Tfmonkey Maybe have a separate emergency fund in cash at home, u never know.