Use the paragraph to complete the activity. People should save money as part of a plan for dealing with “unknowns” in the future. Studies report that more than 50 percent of Americans don’t have enough savings to pay for emergencies. Saving money can help people plan for expensive items that they want to buy, and it can also help people plan for unexpected expenses, such as medical emergencies or car repairs. Identify an example of sound reasoning in the paragraph. (1 point) Responses Saving money can help people plan for expensive items that they want to buy. Saving money can help people plan for expensive items that they want to buy. People should save money as part of a plan for dealing with “unknowns” in the future. People should save money as part of a plan for dealing with “unknowns” in the future. It can also help people plan for unexpected expenses, such as medical emergencies or car repairs. It can also help people plan for unexpected expenses, such as medical emergencies or car repairs. More than 50 percent of Americans don’t have enough savings to pay for emergencies. More than 50 percent of Americans don’t have enough savings to pay for emergencies. Skip to navigation

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People should save money as part of a plan for dealing with “unknowns” in the future. This is an example of sound reasoning because it highlights the importance of saving money to prepare for unexpected expenses or emergencies that may arise in the future. By saving money, individuals can have a financial safety net in place to handle unforeseen circumstances without putting themselves in a difficult financial situation.