Your emergency fund should be readily available for you to withdraw in the case of an actual emergency. That means that the funds in it should ideally remain easily accessible at all times. As such, it may not be wise to invest your emergency fund into markets like equities or crypto where volatility can cause your capital to fluctuate in the short to medium term. However, you can invest your funds into savings accounts offered by banks, credit unions, and other lenders that offer a set rate of growth each year while still allowing you the flexibility to withdraw at any time. You can use our savings account comparison tool to help you make your decision on where you want to deposit your emergency fund.