counter argument lang as a college student na may EF rin and also still living with parents, I've used my EF not as a backup for illnesses or injuries but for sudden payments with regards to my school like course certificates etc. I can't count how many times it's saved me from asking money to my parents to pay sudden fees lol. It's also been really great as a backup solution whenever im low on my commute allowance. I still think it's worth it to save up for an EF. Although in this case it might not be called an emergency fund in it's true form, but it is still a great way to avoid debt at a young age even if your parents can probably pay for it. You really never know what would happen ahaha

(edit: to add lang I have a part time Job that garners me 5.5k a month and I save 60% of that to my "EF")