Using ____________ to handle financial emergencies is recommended.
A)credit
B)savings
C)a bank loan
D)a checking account

Question

Using ____________ to handle financial emergencies is recommended. ​
A)credit
B)savings
C)a bank loan
D)a checking account

Quizplus · Accepted Answer

Using savings to handle financial emergencies is recommended because it helps to avoid interest charges or debt accumulation that may come with using credit or taking out a bank loan. Additionally, having a separate emergency fund ensures that unexpected expenses can be covered without dipping into funds reserved for other expenses or bills.

Using ____________ to Handle Financial Emergencies Is Recommended