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Sylvia C. Young, CFS, CLTC

 

Young Financial Group, LLC

920 5th Avenue, Suite 1600

Seattle, WA 98104

 

Phone:  206-346-3252

Fax:      206-521-8784

 

Email: scyoung@financialguide.com

March/April 2025

Where to Put Your Emergency Fund

Water dripping from ceiling into plastic bucket on floor in living room. Leaking roof concept.

Like everything else, the costs of emergency repairs are increasing. Some alternative options that may pay more for liquid savings are:

  • High-yield bank savings accounts

  • Money market bank or mutual fund accounts


Each has advantages and disadvantages you should discuss with your financial professional before investing.


Protect Your Money
When considering any alternatives, find out if the account or fund is backed by the Federal Deposit Insurance Corporation (FDIC) or covered by the Securities Investor Protection Corporation (SIPC). Both FDIC and SIPC insurance have limits but are crucial in safeguarding your investment.


CONTACT US

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Sylvia C. Young is a Registered Representative of and offers securities through: MML Investors Services, Inc. (206) 628-8800. Young Financial Group, LLC is not a subsidiary or affiliate of MML Investors Services, Inc. Insurance offered through Massachusetts Mutual Life Insurance Company (MassMutual) and other fine companies. Young Financial Group, LLC and LTM Marketing Solutions, LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Marketing Solutions, LLC, an unrelated third party. Articles are not written or produced by the named representative.

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