Brokerage Account for Emergency Funds
Emergencies funds is an important part of our Financial Freedom plans that we have. We want our Money working for us the best it can and still be able to get to some of it that we may need for Emergencies. Money hit under your mattress doesn’t earn anything or even can be worth less next year because of inflation.
Some people like to put their money they use for Emergencies with their local bank in a savings account. They feel they can get to the money easily and be able to have it available for Emergencies.
Darlene and myself we want not only to be able to reach get our Emergency Funds when needed but also to make some money off it. We teach the boys to have their money work for them.
For instance, we currently have $30,000 in our Emergency funds. If we had the money in the following places this is what we may be making off of it in a years-time. If in; Rest covered in Podcast episode.
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Sources and Resources from Podcast (Available in Show Notes)
1. Fidelity.com
1.Gas Price 1965
https://www.dollartimes.com › items › price-of-a-gallon-of-gas-in-1965
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