[{"data":1,"prerenderedAt":89},["ShallowReactive",2],{"term:emergency-fund":3},{"term":4,"related":76},{"id":5,"title":6,"body":7,"category":58,"description":59,"extension":60,"faq":61,"meta":62,"navigation":63,"path":64,"related":65,"seo":69,"stem":70,"takeaways":71,"__hash__":75},"terms\u002Fterms\u002Femergency-fund.md","Emergency Fund",{"type":8,"value":9,"toc":51},"minimark",[10,15,19,22,26,34,38],[11,12,14],"h2",{"id":13},"understanding-emergency-fund","Understanding Emergency Fund",[16,17,18],"p",{},"An emergency fund keeps a surprise bill from turning into high-interest debt or a forced sale of investments at a bad time.",[16,20,21],{},"A common target is three to six months of essential expenses, kept in a safe, easy-to-access account such as a high-yield savings account.",[11,23,25],{"id":24},"in-2026","In 2026",[16,27,28,29,33],{},"The Federal Reserve's survey of household finances found that ",[30,31,32],"strong",{},"63%"," of U.S. adults would cover a $400 emergency expense with cash or its equivalent, unchanged for three years. The other 37% would need to borrow, sell something, or could not pay at all. That is the gap an emergency fund closes.",[11,35,37],{"id":36},"sources","Sources",[39,40,41],"ul",{},[42,43,44],"li",{},[45,46,50],"a",{"href":47,"rel":48},"https:\u002F\u002Fwww.federalreserve.gov\u002Fconsumerscommunities\u002Fshed.htm",[49],"nofollow","Federal Reserve: Economic Well-Being of U.S. Households (SHED)",{"title":52,"searchDepth":53,"depth":53,"links":54},"",2,[55,56,57],{"id":13,"depth":53,"text":14},{"id":24,"depth":53,"text":25},{"id":36,"depth":53,"text":37},"personal-finance","Cash set aside for unexpected, necessary expenses such as job loss or urgent repairs.","md",[],{},true,"\u002Fterms\u002Femergency-fund",[66,67,68],"budget","annual-percentage-yield","liquidity",{"title":6,"description":59},"terms\u002Femergency-fund",[72,73,74],"An emergency fund covers unplanned, essential costs.","Three to six months of essential expenses is a common target.","Keep it safe and liquid, not in stocks.","qqrcqIemhNRtUGvGYhsWL6d0PLongD38gSBmlwIWs_k",[77,81,85],{"title":78,"description":79,"path":80},"Annual Percentage Yield (APY)","The yearly return on savings, including the effect of compounding.","\u002Fterms\u002Fannual-percentage-yield",{"title":82,"description":83,"path":84},"Budget","A plan for how you will spend and save your income.","\u002Fterms\u002Fbudget",{"title":86,"description":87,"path":88},"Liquidity","How quickly an asset can be turned into cash without moving its price.","\u002Fterms\u002Fliquidity",1793374005041]