The only sure thing about emergencies is that you’ll have one.
When? Where? How? And finally, what will it cost you?
Who knows? That’s why financial advisors recommend clients have short-term savings ready for the random car accident, unexpected education fees and unplanned medical expenses.
But stow that cash in the wrong place, and you’ll be facing a different sort of emergency: losing money you thought was there.
Read more from U.S. News & World Report here