Too many Americans live without emergency savings in their life. This is can put you and your family in a precarious situation. It can seem very difficult to put money away in the event of something happening, but it is important to put a priority on your emergency savings fund. In the best-case scenario, you save money and put it towards your retirement. In the worst-case scenario, you have money to keep you afloat or to pay for unexpected bills and expenses thrown your way.