The Amount Put Aside as an Emergency Fund Should Be

question 69

True/False

The amount put aside as an emergency fund should be equal to 1 to 3 months of living expenses.

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Definitions:

Body Mass Index

A measure of body fat based on an individual's weight in relation to their height.

High Calorie

Referring to food or diet that contains a large amount of calories per serving, often associated with contributing to weight gain if consumed in excess.

External

Anything located or existing outside the considered entity, system, or boundary.

Stable

Describes something that is not likely to change or collapse, showing consistency over time.