True, When you’re older and out of school, you’ll need to grow your emergency fund into a full three to six monthsʹ worth of expenses.
An emergency fund is a requirement. Consider it as a life's shock absorber that will prevent you from adding to the amount of debt you most certainly already carry.
A huge spotlight has been placed on the importance of having an emergency fund when a crisis strikes because to the coronavirus outbreak.
While some consider having one to two months' worth of salary set aside ideal, the majority of financial experts agree that the emergency fund size should be sufficient to cover three to six months' worth of living expenses.
That's a terrific notion and an important component of any smart financial plan, but it also takes work to implement.
Hence, option A is correct.
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