The Importance of an Emergency Fund in Your 20s

Emergency funds are far more valuable during your younger days than we're established. When you're established, even if you don't have much money or liquidity in terms of emergency funds sitting in the bank account, you likely have sellable assets to make ends meet. Most importantly, fending off an emergency with an emergency fund allows you to not rely on others. There's nothing worse than having to rely on others' generosity when you're having a life emergency.