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Kiplinger
Kiplinger
Business
Anthony Martin

Four Ways a Massive Emergency Fund Can Hurt You More Than It Helps

A large pile of cash.

Emergency funds play a huge role in financial well-being.

Vanguard research shows that setting aside $2,000 can boost your financial stability by 21%. If you add three to six months' worth of expenses, you get another 13% bump, even after factoring in income, debt and other assets.

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