Apr 2, 2022
The money from an emergency fund must only be invested in low-risk investments.
Building an emergency fund is important to have good financial health and its vitality can be understood by how Capt. Edward A. Murphy Jr. laid down Murphy's Law: “Anything that can go wrong will go wrong.” Murphy’s Law is a caveat to our decisions in life. It teaches us to be prepared for the worst as life can be unpredictable.