How it works
An emergency fund is the safety net you build before you start investing. To cover job loss, accidents, or sudden medical bills, keep 3–6 months of essential expenses somewhere instantly accessible — a high-yield parking account or money market fund.
FAQ
Q. Where should I keep my emergency fund?
A. Avoid volatile assets like stocks — a high-yield savings ('parking') account or CMA that pays interest while staying instantly liquid is ideal.