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Business Insider

4 smart things to do with an extra $50, according to financial planners

By Hillary Hoffower

Resist the urge to build your emergency fund in your everyday checking or savings account. Andrew Westlin, CFP at Betterment, previously told Business Insider it’s best kept separate from your daily bank account — like in a high-yield savings account at Ally or another bank with a strong interest rate — so you’re not tempted to dip into it regularly.

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This article originally published January 16th, 2019 on Business Insider