There are some situations where it might not make sense to have an emergency fund as we normally think of it.
First off, a little clarification.
When we talk about an emergency fund what we usually mean is somewhere between three to six months worth of living expenses.
Ideally, that money should be stored in an account that you can quickly access when said emergency pops up.
Now that we ve re-covered those basics, personal finance site Early Retirement Now suggests that for some, this may not be the best way to store savings.
When an emergency pops up, you can quickly pay down what you need to now, then sell off some of those investments to pay off the emergency before it incurs interest costs.