return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agoNearly 40% of Americans have less than $500 in cash savings, survey showswww.livenowfox.comexternal-linkmessage-square119linkfedilinkarrow-up1443cross-posted to: latestagecapitalism@lemmy.world
arrow-up1443external-linkNearly 40% of Americans have less than $500 in cash savings, survey showswww.livenowfox.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agomessage-square119linkfedilinkcross-posted to: latestagecapitalism@lemmy.world
minus-squareVupware@lemmy.ziplinkfedilinkarrow-up18·1 month agoI believe cash savings refer to liquid assets. That is to say, a savings account is a cash savings account, whereas an IRA or 401k are not, because the cash is tied up in investments.
I believe cash savings refer to liquid assets. That is to say, a savings account is a cash savings account, whereas an IRA or 401k are not, because the cash is tied up in investments.