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You might consider taking time to shop around for the best savings accounts and highest yields available on the account you keep your emergency fund in. 7. Replenish after an emergency
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Online savings and money market accounts also tend to earn higher yields than traditional accounts. That means your emergency fund can grow faster while it’s stored away. One thing to note ...
A standard savings account gives you a buffer between the liquid cash in your day-to-day checking account and your last-line-of-defense, can’t-touch emergency fund.