Funds set aside for an emergency fund can be invested for short to medium terms in a money market fund.

Name: Funds set aside for an emergency fund can be invested for short to medium terms in a money market fund.
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Money market funds typically invest in short-term, low-risk securities such as government bonds and commercial paper. They offer a higher yield than a regular savings account and provide easy access to cash, making them a popular choice for emergency funds.

Funds Set Aside for an Emergency Fund Can Be Invested