Cash is a depreciating asset due to inflation, so earning interest on an emergency fund helps preserve its value over time.

Authors

• Person: Gina Coletti Organization: Nixon Peabody Trust Company
  How to build and maintain an emergency fund

Sources

• How to build and maintain an emergency fund www.nixonpeabodytrustcompany.com Gina Coletti · Nixon Peabody Trust Company via serper

Referenced by nodes (1)

• emergency fund concept