English, asked by gabriellasanchezst, 8 months ago

how is an emergency fund similar to indifferent from a savings fund

Answers

Answered by seemarajusaini

0

Answer:

Because an emergency fund is supposed to be easily accessible and liquid, the recommended vehicle for it is usually a savings account. Savings accounts don't even keep pace with inflation, meaning that an emergency fund is a money-losing proposition over the long term

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