Question

pregunta 7 (2 puntos)
the amount of money you save is determined by the amount you have left over, after all expenses have been paid.
true
false

pregunta 8 (2 puntos)
when you are older, you will need to increase your emergency fund into 6 - 12 months of expenses.
true
false

Explanation:

age, financial responsibilities (e.g., mortgage, dependents) often grow, so a larger emergency fund (6-12 months of expenses) is needed to cover unforeseen costs without financial hardship.

Answer:

age, financial responsibilities (e.g., mortgage, dependents) often grow, so a larger emergency fund (6-12 months of expenses) is needed to cover unforeseen costs without financial hardship.