Jean Chatzky Quotes
There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.
Topics
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Money Markets
Risk-management
Wealth Managers, Wealth Management
Financial Planning
In Other Words
Money
Asset Allocation
Cash Reserves
Emergency Fund
Emergency Preparedness
Emergency Savings
Investment Strategies
Liquid Assets
Retirement Planning
Retirement Savings
Savings Goals
Savings Plan
Citations
Chatzky, Jean. Make Money, Not Excuses: Wake Up, Take Charge, and Overcome Your Financial Fears Forever. Crown Business, 2006.
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Jean Sherman Chatzky is an American journalist, a personal finance columnist, financial editor of NBC’s TODAY show, AARP’s personal finance ambassador, and the founder and CEO of the multimedia company HerMoney.