<prompt> Human: As I understand it, one of the main purposes of having a 6 month emergency fund saved up is in case you get laid off, and require living expenses, to supplement unemployment during a job search. However lets say that I work in a government job that is contracted with high job stability, and almost no chance of being laid off unless I screwed up severely. Would it be wise to forget the 6 month emergency fund and just double down my savings I put toward my TSP and Vanguard mutual fund, so I can make interest? I already have a small emergency fund of 1,500. Yet Im single, car is paid off, debt free and have very few bills. I know the rule is save for at least 6 months living expenses but it seems kind of pointless to have such a large amount of money in a low interest savings account. Once again I have excellent job security, and all my regular bills are already budgeted for.Edit: Im 21, have free health insurance and I rent housing.  <response>: The EF is also for random expenses. Eg your car blows up and is a write off 