- money market vs savings
- money market vs savings account
- saving money quotes
I know it sounds silly but I am having a difficult time trying to figure out what my savings account should be set up for.
I am a business major so I understand them and how they work, however, I was homeless this time last year and I am clawing my way up.
is a savings account for medical emergencies (I highly doubt 100 a month to savings wont cover much of anything if I got into a major accident.. unless I star saving 30 yrs ago in which I wasn't born). is it suppose to be for six months worth of living expenses (so if I have to use it because I lose a job and I run out that means I have nothing left AT ALL). is furniture and car considered and emergency? or do I need separate savings accounts or money market for furniture and/or car?
I just need to know where to go from where I am now.
I am a business major so I understand them and how they work, however, I was homeless this time last year and I am clawing my way up.
is a savings account for medical emergencies (I highly doubt 100 a month to savings wont cover much of anything if I got into a major accident.. unless I star saving 30 yrs ago in which I wasn't born). is it suppose to be for six months worth of living expenses (so if I have to use it because I lose a job and I run out that means I have nothing left AT ALL). is furniture and car considered and emergency? or do I need separate savings accounts or money market for furniture and/or car?
I just need to know where to go from where I am now.
What are savings accounts for?
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