Emergency funds are a highly debated topic amongst the financial community and one that shouldn’t be taken lightly. So where should you stand on the matter? I personally feel that having an emergency fund set aside for a disaster is important, especially if you have dependents, but I disagree with where this money should be kept. So let’s start from the beginning and break it down so you can come to your own conclusion based on your unique circumstances. So what is an Emergency Fund? An emergency fund is liquid cash being available to use in case of a financial emergency such as home/car repairs, medical bills, or a period…