Question

Which option describes an emergency fund?

(1 point)
Responses

Low-risk investments in case something bad happens.
Low-risk investments in case something bad happens.

A quantity of money set aside in case something bad happens.
A quantity of money set aside in case something bad happens.

A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.
A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.

A mutual fund that gives you an annual return to grow for retirement.
A mutual fund that gives you an annual return to grow for retirement.