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thenewgreen  ·  4792 days ago  ·  link  ·    ·  parent  ·  post: "Everyone should have a reserve"
Great advice. My grandparents have done something similar for their grandchildren. We have always kept an "emergency fund" that we have only once used. We quickly re-established it. The urge to use the money as an "investment" is a strong one but the advice given is sage. It is more valuable to have the peace of mind that comes with quickly accessed cash.