Is there a good rule of thumb (3-5 months of paychecks?) of how much to keep liquid to pay bills and act as an emergency fund?
Also, any suggestions on where to park the money? I see Schwab's SWVXX has a 7 day yield of 4.25%
Is there a better place to park the money where it's still fairly liquid? Or would it make more sense to rotate half of the liquid funds into a 6 month Treasury Bill yielding 4.60% and then the other half in a high yield savings at 4.13% to pay bills?
Submitted January 04, 2023 at 04:08AM by HamsterFriendly https://ift.tt/lM4A2NB
