Of course - the hypothetical emergency fund is great. The problem is the required amounts are rapidly growing. An emergency fund of 10k barely covers the 8k av

Of course - the hypothetical emergency fund is great. The problem is the required amounts are rapidly growing. An emergency fund of 10k barely covers the 8k average deductible for a family. Ignoring things like rent, food, etc, all rapidly increasing. To have a worthwhile emergency fund is too costly for most americans. Might as well finance a car - it won't matter.