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An emergency fund is actually a fund which is after the financial safety net as much as it provides that of security during unexpected situations such as the job loss, in some cases in medical emergencies, and it is also very important over protecting one from that which has to do with debt and financial instability, hence as the case may be it faced with unforeseen expenses.
Emergency funds helps a lot in minimizing the stress which is also after enabling one over focusing more on that which has to do with long-term financial goals, hence is it also a piĺar which is after financial planning, which by offering stability over that which is patterning to life’s uncertainties.
