Emergency fund Quiz

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Emergency fund Quiz

1. I need to withdraw from my emergency fund because___

 
 
 
 

2. An emergency fund consists of ___

 
 
 
 

3. How should you prioritize your savings?

 
 
 
 

4. How much debt you have determines whether you need 3,4,5 or 6 months of expenses saved for your emergency fund.

 
 

5. If I have the money to pay the fee for the cash advance on my credit card, and I have a credit limit of over $11,000, then it’s alright to use my credit card as an emergency fund.

 
 

Question 1 of 5

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