A household with average household expenses of $3,000 a month should have a cash reserve for emergencies of at least

Name: A household with average household expenses of $3,000 a month should have a cash reserve for emergencies of at least
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A common recommendation is to have a cash reserve that covers 3 to 6 months of expenses. For $3,000 a month, this would be $9,000 to $18,000. However, the closest option provided is $6,000, which is still a reasonable minimum for some emergencies.

A Household with Average Household Expenses of $3,000 a Month