Experts recommend that you accumulate enough to cover 3 to 6

_____of expenses in your emergency fund.
(1 point
)
Days
Weeks
Months
Years
You overhear your Aunt Tina tell your mom that she, her husband,
and their kids are "living paycheck to paycheck." What does Aunt
Tina mean by that?
(1 point
)
Aunt Tina gets a paycheck one month, and her husband gets a
paycheck the next month; they alternate pay periods
Aunt Tina and her family don't have any money saved, and their
paychecks are just barely covering monthly expenses
Aunt Tina and her family have high paying jobs and don’t worry
much about money
Aunt Tina only receives paper paychecks instead of direct
deposit

1 answer

Experts recommend that you accumulate enough to cover 3 to 6 months of expenses in your emergency fund.

When Aunt Tina says that she and her family are "living paycheck to paycheck," she means that they don't have any money saved and their paychecks are just barely covering monthly expenses. It implies that they are struggling financially.
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