<prompt> Human: Hi everyone, I had a question about the necessity of an emergency fund in my unique situation.I have 20k in student loan debt, at 6 interest.A car debt of 8k at 6I am in the military, active duty.I do not have an emergency fund, or savings of any kind, because I devote 40-50 of my income to my debts, trying to knock them out ASAP.I have access, in any financial emergency, to an inner-military non-profit organization that gives members who need money in a pinch, a no interest loan for the amount needed. Its readily available, and takes little to justify it as long as it is obvious its needed.My question is, knowing all this information, is there much of a reason for me to save separately for an emergency fund, or can I simply rely on the emergency no-interest loan? I also am feeling a slight ethical dilemma, am I right to feel this way? I do a monthly contribution to the organization also I should add.The chances of me losing my job are very, very low as well, and being processed out of the military takes a long time in normal scenarios so the likelihood of me not having income overnight is basically 0.Thanks everyone for your input. Edit: thanks everyone for the advice, what I wanted was scenarios where it was necessary and you guys gave some. Ill look at what I can do.  <response>: Even members of the military may have immediate needs for cash that the various lending organizations cant provide on a moments notice. An emergency fund is still a good idea. 