Quote:
Originally Posted by scfr
But you do have funds available in a MMA, correct? Just want to make sure you aren't advocating solely relying on your cc to be your EF. In my much more conservative opinion, that would be giving too much power to the credit card companies since they can close your account at any time.
My suggestion would be to start out keeping your EF in a high-yielding MMA. Once the balance is built up a bit, you could consider laddering CDs.
|
Yes. Hence the lines, "However, I also don't carry a balance, and I never charge more than I have in my bank account. So, this method may not be perfect for everyone."
