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