True. Having an emergency fund that covers six months' worth of expenses is often recommended by financial experts as a way to achieve relief from financial stress. This fund acts as a financial safety net that can help individuals manage unexpected expenses or income disruptions, providing peace of mind and greater financial stability. However, the exact amount needed may vary based on individual circumstances, such as job stability, health considerations, and personal financial obligations.
In order to achieve relief from financial stress, you must have an emergency fund that covers six months' worth of expenses. True or false?
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