Question

post - assessment
question 2 of 5
which of the following describes an expense that should be covered by an emergency savings?
buying clothes for the holidays
paying your monthly cell phone bill
repairing your car after a fender bender
going on summer vacation with friends

Explanation:

Emergency savings are meant for unexpected and unplanned - for events. Buying holiday clothes, paying a monthly cell - phone bill, and going on a summer vacation are planned expenses. Repairing a car after a fender - bender is an unexpected expense that emergency savings should cover.

Answer:

Repairing your car after a fender bender