An emergency fund, also known as a rainy day fund, is distinct from retirement funds or goal-oriented savings accounts because it lacks a single designated purpose and is intended to provide cash on hand for immediate needs.

Authors

• Person: Not available Organization: Northwest Bank
  How To Build Your Emergency Fund and Use It Wisely

Sources

• How To Build Your Emergency Fund and Use It Wisely www.northwest.bank Northwest Bank via serper

Referenced by nodes (1)

• emergency fund concept