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What happens to my emergency fund if I lose my job?

Curious about emergency funds

What happens to my emergency fund if I lose my job?

If you lose your job, your emergency fund may become even more critical. If you have an emergency fund, you can use it to cover your living expenses until you find a new job. It's important to have a plan for how you'll use your emergency fund in the event of a job loss. You may need to adjust your spending habits and focus on finding a new job as soon as possible. If you don't have an emergency fund, you may need to rely on other sources of income, such as unemployment benefits or borrowing from friends and family, to cover your expenses.

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