The Best Places to Stash Your Just-in-Case Cash

As important as maintaining a reserve of readily accessible cash is to protect against life’s big what-if’s, the idea of setting aside money for something that may never come to pass isn’t exactly appealing, particularly if it means parking that cash in an account where it’s going to earn next to nothing in interest.

Yet keeping an adequate and accessible reserve of cash in some type of low-risk account — call it an emergency fund, a rainy-day fund, etc. — is a must, financial planners agree, even when interest rates are near rock-bottom, as they have been for much of the last decade.

But where exactly to keep that money?
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