This is the continuation of a conversation with a reader who is having difficulty accumulating an emergency fund and who depleted her savings after her dual income household became a single income household. Reader: I just read on "How many 20 years and $29,000 do we have?" I have the Prulink too and have been paying for 12 years now. Apart from this I have an endowment plan to be paid for another 9 years before mature. My husband and I plus 2 kids have whole life plans, personal accidental and hospitalisation plans. AK: You are (probably) paying too much for insurance. Your children don't need life insurance. Life insurance are for people with dependents. Children don't have dependents. I won't touch investment linked policies or ILPs (e.g. PruLink) even with a 5 feet pole. I don't mix investment and insurance. My action plan if I were in your shoes: ......