Where Should You Keep Your Emergency Fund?

An emergency fund can be the difference between a financial setback and a financial crisis—but only if it’s built the right way. Most people know they should have money set aside for emergencies. But many aren’t sure how much to save, what actually counts as an emergency, or where to keep that money. Those are important questions, because an emergency fund is not just another savings goal. It is a key part of wise financial stewardship.