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Subjects
Class 11Home ScienceWork, Livelihood and CareerLife skills for livelihoodHardLevel 37

If no money is kept for unexpected needs in expense planning what risk exists?

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Answer and explanation

Correct answer: Financial pressure may increase in a small emergency

A small preparation for unexpected needs is useful in financial planning. In exams connect emergency fund with financial planning.

Tags

financial-planningemergency-fundsavings

Frequently asked questions

What is the correct answer to this question?

Financial pressure may increase in a small emergency

Why is this the correct answer?

A small preparation for unexpected needs is useful in financial planning. In exams connect emergency fund with financial planning.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.

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