Read through this post on cash, cash equivalents, & alternatives or skip to the AllGen Academy cash equivalents video below. A third major asset class is Cash and Cash Equivalents, which consists of: Checking and savings accounts Money markets Bank reserves Super...
What Is an Emergency Fund? An emergency fund is a predetermined amount of cash set aside to cover expenses in case of unforeseen events such as unemployment, disability, illness, automobile repairs, medical deductibles, etc. An emergency fund is not an investment but...
Happy New Year! Who is this article for? As we enter another new year, with more new year’s resolutions and plans, we wanted to touch on an important topic to factor into your financial fitness regimen: the Emergency Reserve Fund. This is such a critical step...