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[deleted] OP t1_jee62qo wrote

Reply to comment by debbiewith2 in What to do with a small amount of inheritance? by [deleted]

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debbiewith2 t1_jee6aiz wrote

Exactly! Let this be your buffer so that you can make a budget to save (and invest) significantly!

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Medical_Bartender t1_jeesl9f wrote

Think of the money as yielding 20% as you won't be carrying a high interest debt. Emergency funds are a buffer to protect other investments that are less liquid from having to be sold and/or to help prevent going into debt

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