asked 141k views
1 vote
Max has set a goal to create an emergency fund. he determined that his monthly expenses total $1,525. based on recommendations, how much should max save for his emergency fund?

1 Answer

3 votes
According to reccomendations, emergency funds should at least cover the usual monthly expense for about 6 months (assuming that there wouldn't be any form of income during that 6 months)/
So i think the answer is:
$ 1,525 x 6 = $ 9150
answered
User Marvin Dickhaus
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories