Steve Kaplan Marketing:
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An emergency fund is cash you’ve saved for one purpose: to help you cope with the emergencies that life hands you, without disrupting your everyday routine. It could be an accident or a health issue—with your fund you have room to breathe. The key, however, is to leave the fund alone until you need it. Deposit your money, let it earn a little interest, and ignore the balance until an actual emergency occurs.
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via Steve Kaplan Marketing
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