How much money you keep at home depends on your personal situation, including your need for cash in everyday life as well as ...

Morningstar Director of Personal Finance Christine Benz understands that emergencies happen, and you may need cash quickly, despite long-term plans to manage and grow your family's assets. She's come ...

Suppose you’re unexpectedly called into your boss’ office one day and given the tough news that you’re getting laid off. Panic sets in as you think about bills, rent and putting food on the table.

Emergency funds should be held outside of tax-sheltered wrappers and include highly liquid investments like bank savings accounts, money market accounts, and so on. 2. Low-risk assets in taxable ...

One of the fundamental teachings of personal finance is to have an emergency fund stashed with three to six months’ worth of living expenses. This fund is there to get you through unexpected monetary ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Many banks still pay 0.01% APY on savings. Here's why your emergency cash should be in a high-yield account paying 4.00% or more.

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...