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3 Reasons a Checking Account Is a Terrible Place for Your Emergency Fund

3 Reasons a Checking Account Is a Terrible Place for Your Emergency Fund

Image source: Getty Images Do you have an emergency fund? Sadly, many people don't. I lived paycheck to paycheck and without significant savings for my entire adult life until pretty recently, which meant I frequently had to go into debt to address unplanned car repairs, medical bills, and other surprise expenses.