<prompt> Human: So Ive saved up my emergency fund, since I understood that to be important. Ive got about 6 months real living expenses saved up; if I went bare bones, I could probably stretch that to about 9 months. This comes out to 13K.I know theres some debate about how to do this and the importance of keeping this money liquid and accessible, but heres my thoughts. I have health, dental, and life insurance provided at no cost to me from my employer; my job is in a very stable industry. I have renters insurance that covers theft, fire, etc. above 1000 worth of damage I am 23, have no kids, no car, dont own a home.Do I really need to keep 13K in cash liquid at this point? It seems like my insurance would cover any catastrophe. If I kept maybe 5K in cash and put the rest in a bond fund to at least have it try and keep up with inflation, would that make sense? It just seems like a lot of money to have sitting around when I cant think of a situation where I would need all of it within a day if its in a bond fund, I could at least access the rest of it in 24 hrs.What does rpf think?  <response>: I dont really think you need to keep that money liquid. I mean, you are only 23. 13,000 invested even moderately well is going to turn into a huge chunk of change for you down the road.Also, most things that you will need that money for arent going to be things where youll be expected to pay all the money right away. For example, if you lose your job, youre not going to have to buy six months of food or rent at once. If you have a massive unexpected expenditure, no one is going to demand you pay them the same day, especially if you have the money but need a few daysweeks to get it all together.Basically what Im saying is that by investing it in things like the stock market, you can easily pull that money out of investment faster than you will need it to be cash in hand. I might keep 1000 to 1500 in cash just in case, but anything more than that can just be put on a credit card and the necessary funds can be liquidated before you start facing any nonpayment consequences. 