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.

---

Definitions:

Income

The financial return or earnings from work, investments, or property, typically measured on an annual basis.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and directed research.

Gestational Surrogate

A woman who carries and delivers a child for another person or couple, with the child being genetically unrelated to the surrogate.

Egg Donor

A woman who provides one or several of her eggs (oocytes) to another person or couple for reproductive purposes, usually as part of a fertility treatment process.