What task are involved in setting up and maintain EFs?

Setting up and maintaining EFs involves tasks like researching the best funds for your financial goals, opening a brokerage account, investing your money, monitoring the performance of your funds, and rebalancing your portfolio as needed. It's basically adulting with your money. Just remember, EFs won't do the work for you, so stay on top of your investments like you're stalking your ex on social media.