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Learn more about the difference between emergency funds and sinking funds. The intent of this post is to let you see the difference between the two to know how to utilise them for your own advantage.
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We all know that, and we know that life costs money. What about the unexpected expenses - sick kid, car trouble? Your Emergency Fund will save your bacon!
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Your emergency fund and your sinking funds are important parts of your financial plan. To make the most of your savings, I recommend using both!
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