Comment on I'm working on it, ok?
SkippingRelax@lemmy.world 3 months agoYou are barely keeping up with inflation, don’t think that’s an investment. That said, you are doing the right thing, keep that money available if needed.
Everything on top of 6 months expenses, you should invest in something less liquid that on the long term yields decent returns.
Sniatch@lemmy.world 3 months ago
It’s not smart to use your emergency fund as an investment. The point is that you keep your emergency fund in an savings account that has at least an interested rate like the inflation rate and you should be able to use that money any time.
I never said that I’m doing an investment with that. No idea why you mention this.
SkippingRelax@lemmy.world 3 months ago
This part made me think you were saying that was an investment, sorry I misunderstood