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Which of the following is most likely missing from your financial plan if you are not prepared for an emergency?a. financingb. a budgetC. investmentsd. savingsThe answer is D SAVINGS

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Answer:
"Savings" is the one choice among the choices given in the question that is most likely missing from your financial plan if you are not prepared for an emergency. The correct option among all the options that are given in the question is the last option or option "d". I hope the answer has helped you.

d. savings

First, what is an emergency?

Well, it depends on the situation, but suppose that you have a store where you sell edibles.

Some of these edibles may need to be stored in fridges, now suppose that one of the fridges breaks. That is an emergency, now you need to replace it the faster you can. In this point, you need to use savings specially prepared for situations like this.

So the correct option is d: savings.

Which of the following is most likely missing from your financial plan if you are not prepared for an emergency?

a.

financing

b.

a budget

c.

investments

d.

savings

Which of the following is most likely missing from your financial plan if you are not prepared for an emergency?

a.

financing

b.

a budget

c.

investments

d.

savings

saving has to be done in prior to any emergency cases and one needs to keep alternate plan for it

c

c. investments

d is the right answer dude!

HOPE THIS HELPS YOU MATE!

In my opinion financing and budget are equally important, but not as important as investments and saving. If we invest, we won't be prepared for an emergency, since our capital was invested. Thus, saving is the most likely missing from a financial plan when not prepared or an emergency

savings

Savings are part of income kept aside to be used in the future. Savings can be done in lump sum or phases. The amounts saved maybe some specified or unspecified purposes. One reason why saving is encouraged is to create a fund for use in times of emergency.

The general rule is that individuals or households should have at least three times their monthly expenditure as savings. The funds should be in a safe and accessible place, such as a bank account. Financial planners will always insist on creating a fund for use when the unexpected happens.

investment

The answer is savings

we have to choose the option which is most likely missing from financial plan if we are not prepared for an emergency.

When we face a sudden emergency without preparation, we would most likely take out some percentage of money from life savings to survive the crisis or to come out through the problem. To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.

Hence, the correct answer is savings.

The answer to this question is D. savings

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Thomas Abbott
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