<prompt> Human: I have a somewhat unique situation and am wondering if I really need a 6 month emergency fund. Im a 22 y.o. college grad and Ive been working for my familys company for about 1 yr. The plan is to slowly have me take over as my dad approaches retirement. I have my college, credit card, and car paid off and have both my 401K and Roth IRA maxed out. Can I use my emergency fund 20K to invest in a house since I have basically zero risk of losing my job or my health insurance?  <response>: Yes. You need to have an emergency fund. Dont mistake the business your family worked hard to establish for a piggy bank. Nothing good comes from that mindset. 