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Difference Between Savings Account and Emergency Fund, According to Financial Activist Dasha Kennedy

By Yahoo! Finance   |   Sep 28, 2024 at 07:09 PM EST
Difference Between Savings Account and Emergency Fund, According to Financial Activist Dasha Kennedy

Dasha Kennedy explains the difference between savings accounts and emergency funds, emphasizing the importance of having both. Savings accounts are for planned expenses, while emergency funds are for unexpected urgent expenses. Aim to save 3-6 months' worth of expenses in your emergency fund.

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