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Test Your financial iq
A dedicated savings account that helps prepare you for expenses incurred during unplanned or sudden, unexpected events is called?

Sorry, that's incorrect

The correct answer is an emergency fund. Also called “rainy day funds” – typically include about six months’ worth of income and is used to pay for expenses that come with unplanned situations such as a hospitalization, loss of job, storm damage to your home or vehicle, etc. Learn more about these dedicated savings accounts.

Sorry, that's incorrect

The correct answer is an emergency fund. Also called “rainy day funds” – typically include about six months’ worth of income and is used to pay for expenses that come with unplanned situations such as a hospitalization, loss of job, storm damage to your home or vehicle, etc. Learn more about these dedicated savings accounts.

That’s correct

Emergency funds – also called “rainy day funds” – typically include about six months’ worth of income and is used to pay for expenses that come with unplanned situations such as a hospitalization, loss of job, storm damage to your home or vehicle, etc. Learn more about these dedicated savings accounts.

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