If you suffered a crisis like a serious illness, job loss or investment setback, would you be financially prepared to handle it?Most people know they should have a rainy-day fund, enough money to cover expenses for three, six or 12 months. But most don’t actually have a fund earmarked for just that purpose. Instead, the rainy-day fund is mingled with other cash or investments.Of course, even a healthy fund might be too small if things were really bad.
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