<prompt> Human: Emergency funds are generally considered to be a top personal finance priority, presumably as insurance against losing ones job. My job gives 3 months notice plus 6 months severance if I were to be laid off, so in my mind this translates to effectively a 9 month emergency fund plus some. Therefore instead of fully-funding an emergency fund Ive prioritized funding my 401k to get the full employer match from day one on the job and also servicing my debt. Is this unwise? Is there some other benefit to emergency fund that Im missing here? Thanks.  <response>: Emergency fund does not only protect against job loss. Its for any sort of emergency and is a top priority no matter what. 