Anne Marie earns $25,000 a year.Her monthly expenses total $1,200.What is the minimum amount of money that Ms.Lynn should set aside in an emergency fund?

Name: Anne Marie earns $25,000 a year.Her monthly expenses total $1,200.What is the minimum amount of money that Ms.Lynn should set aside in an emergency fund?
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Quizplus · Accepted Answer

An emergency fund should ideally cover 3 to 6 months of expenses. With monthly expenses of $1,200, 3 months would be $3,600.

Anne Marie Earns $25,000 a Year