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Financial management

Deciding where to put your emergency fund

4 minute read

Save for a rainy day with the confidence of knowing that money market funds have less market risk and price volatility than other types of funds.

Ready to get started?  Start your emergency fund today.

Protect your cash

For your emergency fund, you'll want to choose investments that are:

  • Low market risk. You want to know that your money will be there when you need it—especially in times of market or economic turbulence.

  • Easy to access. This will make it easier to take care of an emergency quickly!
  • Dividend-bearing. The point of an emergency fund isn't to make money, but don't turn down the opportunity to earn income on your savings.

Your fund choices

We offer several options to help meet your needs for cash preservation, liquidity, and competitive yields.

To determine which money market is best for your short-term investment needs, compare important details, which compares important details like investment strategy, investment minimum, expense ratio, 7-day yield, and other important considerations to help you choose.

We're here to help.
Talk with one of our investment professionals.

Call 800-841-3999

Monday through Friday
8 a.m. to 8 p.m., Eastern time

Ready to get started?  Start your emergency fund today.

Ready to get started?  Start your emergency fund today.

For more information about Vanguard funds, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.

Vanguard Municipal Money Market Fund: The Fund is only available to retail investors (natural persons). You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Vanguard Municipal Money Market Fund is only available to retail investors (natural persons). Vanguard Municipal Money Market Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors.

Vanguard Cash Reserves Federal Money Market Fund and Vanguard Federal Money Market Fund: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. 

All investing is subject to risk, including the possible loss of the money you invest.