Where should I park my emergency funds? Should they be in the same account as my saving account? - Seedly

Personal Finance 101 (LLI)

Asked by Anonymous

Asked on 05 Dec 2018

Where should I park my emergency funds? Should they be in the same account as my saving account?

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Yong Kah Hwee
Yong Kah Hwee
Level 6. Master
Answered on 05 Dec 2018

Why not? My emergency funds are currently in my DBS multiplier account, along with my savings. This way, I can earn some interest with my emergency funds!

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