<prompt> Human: So far this is what I understand from the most common places to put your emergency funds. The idea with placing your emergency funds in some kind of interest account is to curb the effects of inflation a little bit. ProsCD: Higher interest rate than savingsMoney Market: Higher interest rate than savings, but lower than CDs?Low risk mutual funds: Highest interest while mitigating some riskConsCD: Lose benefit if you take the amount out earlier.Money Market: Lower interest rates.Low risk mutual funds: If the market crashes so does your emergency account and thats when you need it the most.Please share opinions and other ideas that were not listed here. Links to resources and information are appreciated.  <response>: Online savings accounts at 1 interest. CD rates are so low I dont think theyre worth the hassle for the potentially small difference. 