What are the Characteristics of an Emergency Fund?

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An emergency fund is an amount of money that we save for sudden needs or in an emergency. So the emergency funds that we save must have several characteristics such as:
1. Easy to access, whenever needed.
2. Choose liquid investment instruments such as special savings accounts, mutual funds, stablecoins, etc.
3. Sufficient amount of money, especially for living expenses for the next few months, at least 3 months.
 
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