ING Direct for Emergency Fund?
I am thinking of opening an ING Direct account after reading about them here on this board. I was wondering if they would be a good place to keep my Emergency Fund? I am working to get my EF to the minimum $1,000. It was there and then the engine in my van seized up, so the money quickly evaporated.
I have $350 right now that I could deposit into it. It is currenly sitting in our savings account at our local bank and is making 1.25%.
Is this money liquid enough that I can use it if (when) another emergency comes up? What is the experience of those that have taken advantage of this type of opportunity?
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"You are in control of your life. Don't ever forget that. You are what you are because of the conscious and subconscious choices you have made." -Barbara Hall
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