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Building an Emergency Fund in an Uncertain Economy

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Building an Emergency Fund in an Uncertain Economy

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SAVALIYASHUBH

Created by

Shubh Savaliya
Shubh Savaliya
India

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Building an Emergency Fund in an Uncertain Economy
 

Building an Emergency Fund in an Uncertain EconomyOnline version

SAVALIYASHUBH

by Shubh Savaliya
1

What is an emergency fund?

2

Which of the following is a reason to use an emergency fund?

Choose one or more answers

3

How many months of living expenses should a person with a stable income ideally save?

Choose one or more answers

4

A self-employed person should ideally save enough for:

Choose one or more answers

5

Where is it best to keep an emergency fund

6

Which of the following is NOT a benefit of an emergency fund?

7

If your monthly expenses are ₹20,000, how much should you save for a 3-month emergency fund?

8

What is the first step in building an emergency fund?

9

Which is a common mistake while managing an emergency fund?

10

What is the main purpose of an emergency fund?

 
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