positive
Recently
LAMF as backup emergency liquidity option
Acts as a ready emergency credit line without disturbing savings or fixed assets.
A prudent strategy involves parking six months of expenses in a liquid fund and pledging it for an 85% borrowing limit. The invested amount continues earning around 7% annually, while interest near 10% applies only to the utilized portion. This layered safety approach creates a secondary emergency buffer, ensuring liquidity access without idle cash losing value in savings accounts. Apply Now