Prioritizing between an emergency fund and health insurance
According to Outlook Money, if you are currently without both health insurance and an emergency fund, you should prioritize getting health insurance first, especially if you do not have sufficient coverage through your family or employer. Building an emergency fund is a gradual process, whereas one medical emergency can quickly deplete years of accumulated savings. Nevertheless, you should aim to start an emergency fund simultaneously with your insurance, even if you begin with a modest sum.
by shortkt.com✓