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Money and Finances
Reply to "Parents: Where do you put your money after paying expenses?"
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[quote=Anonymous][quote=Anonymous]You should have emergency savings for a near-term emergency. We have about six months worth. I've heard up to a year. Really depends on your lifestyle I think. Then retirement. Then college. Then specific items, like vacation, Christmas, etc.[/quote] +1, but we put our short-term accessible savings in low-risk mutual fund, that can be easily accessed if needed, we don't just let it sit in the bank. [/quote]
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