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Personal Finance Guide

Professional guide to your personal finance.

Use a HELOC as an emergency fund - February 25, 2008

Having an emergency fund may help you sleep at night but it&8217;s costing you more than you think. For each dollar you have in low interest bearing accounts you have one less dollar invested at decent returns. For some people, the new trend is trading in the cash reserves for a HELOC. A HELOC ...
http://www.personal-finance-guide.org/archives/246/use-a-heloc-as-an-emergency-fund/
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