Your Opinions On "emergency money"
On 04/17/12 08:59 am, Metspitzer wrote:
Having your emergency money in a bank is like having your fire extinguisher
in a storage unit, across town. Which storage unit is only accessable during
business hours.
Dumb.
Which is largely why only my emergency money is in the bank. The
stuff I can not lose.
Bank? BANK?
That means you can access it only about 50 hours out of the 168 hours in
a
week, or less than 1/3rd of the time. You probably can't drain more than
$500 from your account via an ATM machine.
Credit card.
Which cannot be used when there is a widespread power outage: the
card-readers won't work.
Perce
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