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> These may be things you take for granted but a large majority of the population has to have a large emergency refund in case they get severed from their compa

> These may be things you take for granted but a large majority of the population has to have a large emergency refund in case they get severed from their company without any notice for any reason This seems like somewhat of an idealistic view point when over half of Americans have less than 1k in their bank account.

tluyben2 8y ago
Exactly: and in many countries in the EU you are still fine when that happens. Not so in the US.
vecinu 8y ago
Does that distract from the main point of "You have to have an emergency fund"?. Compared to the EU, one would have to fund a larger emergency fund to avoid surprises.