An unexpected expense can throw your financial situation for a loop. With this low-risk investment, your money could earn a 0.6% annual return.
Start your emergency reserve account today with as little as $20 a week.
Start with an initial goal of $1,000. Once you get there, a good rule of thumb is to have a reserve that can cover between 3-6 months of basic expenses. That includes housing, food, transportation and utilities.
All investments involve risk and may result in loss. Not FDIC insured. No bank guarantee.
The annual expected return of 0.6% for this account is calculated with the asset-weighted blend of the 30-Day SEC Yield as of March 31, 2020 of the ETFs that comprise this portfolio net of Finhabits' 0.5% fee for an account with a $5,000 balance.