Despite investment, insurance, and credit card why you must have emergency fund

If you have an adequate emergency fund it will not only help you in dealing confidently with many of the emergencies of your life but also save the high borrowing cost. Besides it will not let such emergencies derail your long-term saving and investment for other financial goals.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/plan/despite-investment-insurance-and-credit-card-why-you-must-have-emergency-fund/articleshow/81288200.cms