Re: What do you do with your emergency fund?
I'm trying to decide what to do with my Emergency fund, too. Is everyone else aiming for 6 months expenses? Just like I don't want not enough in an EF, I don't want to much in there either.
Right now I've got $3K each in ING and ED, which I just opened very recently to get the bonuses and increase my interest from one point something to over four. I'll be watching this to see what others have done.
My emergencies would most likely be job loss (unexpected, since I'm civil servant and do my best to perform well) and illness/accident befalling my dad or his wife.
How much do you guys keep in your "regular" checking/savings, before it goes to EF or investing/IRA/etc/? One month expenses? More?
Once I figure out what to keep in "regular" accounts and then in EF, I have to take the rest and Roth IRA it. That's my plan, I'm gearing up, watching a bunch of threads to learn more.
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