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Which of the following steps is the First Foundation?
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
Instead of borrowing money for large purchases, you should set money aside in a __________ over time and pay with cash.
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
Which of the following is a reason that people don't save money?
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
What does it mean to have a negative savings rate?
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
You should save money for three basic reasons: emergency fund, purchases and wealth building.
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
The saving habits of Ben and Arthur best illustrate which participate of saving?
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
Saving is about:
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
Why is having funded emergency fund so important when it comes to your financial well-being?
Sinking fund
Emergency funds are to are to set money aside for unexpected financial emergencies.
All of the above
Both A and C
Spending more money than you make and acquiring debt
Save $500 emergency fund
True
Contentment and emotion
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