What is Emergency Fund? Why it’s important and how much you should save to avoid financial crisis

Emergency Fund: Have you ever wondered what would happen if you suddenly lost your job, faced a medical emergency, or had to deal with a major home repair? Most of us aren’t prepared for life’s unexpected turns, and that’s where an emergency fund comes in. In this article, we will go through what an emergency fund is, why it’s so important, and how much you really need to save to stay financially stable during uncertain times.