DO YOU HAVE AN EMERGENCY FUND?

I heard something interesting the other day, that went along the lines of ‘if you’re financially well-off enough to save for an emergency fund, you likely don’t need an emergency fund’. I thought it was rather interesting, because—with all the things to save for today—emergencies tend to fall to the bottom of the list. This article in the Financial Post addresses this notion, asking ‘Why don’t Canadians have emergency funds anymore?’What do you think about emergency funds? Do you have one? Why/why not?