Today in Medical Personal Finance, where show dedicated to providing you with the knowledge,

skills, insight and encouragement you need to live rich and meaningful life now,

while building a plan for financial freedom in 10 years or less.

An emergency fund is certainly a cornerstone of a good financial plan.

Emergency fund allows you to withstand the storms of life, both literal and metaphorical, and is really one of the

first places to start, but where should you put it?

I was inspired to do this show by a question in the radical personal finance

Facebook group this last week where somebody in that group was asking

their fellow group members where should I keep my emergency fund and there was

discussion of certain banks and online banks and and most of the focus of the

discussion was on interest rates and where to get the highest rate of

return on money.

I was struck by the fact, and to those of you engaged in the conversation,

this is not intended to be personally offensive to you,

but I was just struck by the fact that nobody was talking about other considerations

other than rate of return on money.

And I think that with regard to emergency stashes of cash, interest rate, rate of return is, although not

unimportant, it is perhaps the least important of the factors that you should consider.

And today's show, I'll share with you some of these other factors that I think bear your attention or

should have your attention as well as my thoughts on a diversity of options for where you should keep your emergency fund.

Now I'm going to split today's show into two shows, meaning the same file that you're listening to now, but two different shows.

There's going to be part

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