Hook
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I have a serious question. How much do you keep in your emergency fund? And where do you keep this emergency fund? Because anytime I share how much we made in our high-yield savings account, and it's really just to show that you should be keeping your money in a high-yield savings account and not in a traditional savings account, like that's the point of the video, I get so many comments that all of that money should be invested. One, I don't think people are reading the comments or the caption. That this is like our normal paychecks get deposited into this account. We have our sinking funds in this account. Our emergency fund is in this account. They just think I have money just like saved up and sitting there. But everyone always comments that all of the money should be invested because the stock market is doing so well. And so I'm just curious if people actually have emergency funds and where they're keeping them because there's that statistics. That, what is it, like 60% of Americans can't afford a $400 emergency or something. And so I see that statistic, but then I have all these people who are like, oh no, all your money should be invested. And I get it, the stock market is doing amazing, but your emergency fund should really be kept in a low risk account, like a high yield savings account. The stock market is still volatile, even though it's been doing really well, I mean, we saw back in like March, it was not doing great for a little bit there. So I'm just curious how much you have and where you keep it. So let me know in the comments.