It is best to save _____ months of fixed expenses for an emergency fund.

Question

(1 point)
Responses

2 to 3
2 to 3

3 to 5
3 to 5

4 to 6
4 to 6

3 to 6

Answer 1

The best recommendation for an emergency fund is to save 3 to 6 months of fixed expenses. This provides a sufficient buffer to cover unexpected expenses or loss of income.