What is an emergency fund and what should it be used for


Journal Problem: Finance

After reading a few investment books, you decide to take the plunge and start investing in a few securities, bonds, etc. However, you realize that an emergency fund is needed before you take the next step into investing. What is an emergency fund and what should it be used for? How much will you set aside for the emergency fund? Why did you choose this amount?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Financial Management: What is an emergency fund and what should it be used for
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