<prompt> Human: Ive read a lot of threads and a lot of articles that talk about keeping a 1k emergency fund if youre paying off high-interestcredit card debt, and bumping it up to 3-6 months once your cc debt is paid off. Heres the thing: I get the value of having a 3-6 month EF...if you dont have cc debt. If you are paying off cc debt at high interest rates, I just cant figure out how to justify a 1k EF. Its such a small amount, how could it really save you in an emergency? If you have a major, life altering emergency, its probably going to cost you way more than 1k. That little EF is barely going to make a dent. If you have a small emergency that you can cover with a 1k emergency fund...well, you could also cover it with your credit card assuming your accounts are still open. So you double down on your debt and forget about the EF because you want to save the most money possible on interest fee charges. Youre doing great, and a year later youve cut your debt in half. An 800 emergency comes up and you have no EF. You put it on your cc and your interest charges increase slightly. Depending on the exact numbers, you may have still saved money in the end by putting that 1k toward your cc debt rather than an EF. At worst, youre back where you started. So, since my inclination seems to go against all conventional wisdom Ive found, Im looking for someone to convince me otherwise.  <response>: I think the idea of the 1000 or 1 month expenses is to basically float you if a paycheck is a little late or not lined up bill payments for example 