The Importance of Investing in an Emergency Fund

Johnny, you've had this fund for about 7 years and I know it might be quite galling to see it sat there doing nothing. But chances are, in that time, your income has risen. Maybe you could split the difference and say, well, I should have known I want to keep a smaller emergency fund because I know I've not touched it in all this time. The best sort of or rather the sort of aggregate projections of where interest rates will be is down to 3%, but probably not until the end of 2025, 2026.