Many people do this, they think that no unexpected situation will come in their life, their daily life will continue as normal, and they fall into this thinking and spend their emergency fund on other things. But the way they ignore this unexpected and spend the emergency fund, they will face a difficult reality. Emergency fund always provides security to an investor, but those who are unable to understand this fact, will definitely regret it and may even they face huge losses.
Of course the importance of emergency funds can not be over emphasized as it's a real issue that people do neglect, and sincerely if hadn't read some kinds of books I never lived on emergency funds hence the need for knowing is important too.
Unforeseen circumstances arise every day as life generally is risky, things happen out of our control hence keeping some amount of cash as reserves incase such situations arises is as important as making the investment itself.
Snip
Why quote a wall of text just to end up write one line or two lines of words.
Have you not heard of pyramid quoting to be a bad type of posting? if you haven't I will recommend you the
link and will skip to report this post since you're still new and hence make changes in your quoting style learn from others.
Apologies to this thread for off topic