<prompt> Human: Hey guys. I always see the recommended 3-6 months living expenses as the rule for emergency funds, but I have a question about that. My job is basically 100 secure. Im a 15-year veteran teacher at the high school in my home town that I graduated from. Im good at my job, I know everyone in my community and the school, and I plan to finish out my 30 years of service right where I am at my school. Outside of a possible health issue, I see nothing that could jeopardize my employment, and even with that, I have 17 weeks of sick leave accumulated, plus I have short term disability as part of my insurance. Hopefully Ill never need this! With that said, I only have 2400 in savings right now, which is the equivalent of about one months take-home pay for me. I think of it as my oh shit fund. I have a small acreage with a barn and a few horses. When emergencies pop up, they do tend to be costly sickhurt horse, tractor or mower that needs repairs, older pick-up that has 100k miles, etc.. This time last year I had about 25.00 total in my savings account, so having this emergency fund is a new thing, and it does make me sleep better at night. I also have 7,000 left on a personal loan at 10.75 that I want to pay off ASAP. Would it be wise at this stage to stop saving and start throwing everything extra at the loan? I think I know the answer, but I want to see what PF says.  <response>: Your emergency fund isnt just to cover unexpected unemployment; its there for any kind of emergency you could experience in your life. For example, suppose one of your students accuses you of sexual assault, and you need to hire a lawyer. 