Three Accounts that you need
Emergency Fund
Enough money to cover the unexpected expenses
- The washer breaks
- need a new tire for the car
- a job loss
Short-term Fund
Enough money to cover the things you want in the next few years
- maybe a vacation
- new car
- new appliances
Long-term Fund
The saving that will be for the major events in your life
- Retirement
- College funds
- Weddings
