4. what is the goal of an emergency fund?\nto pay for large purchases\nto save for your childrens college…

4. what is the goal of an emergency fund?\nto pay for large purchases\nto save for your childrens college expenses\nto have cash on hand for unexpected events\nto pay for health insurance
Answer
Answer:
To have cash on hand for unexpected events
Brief Explanations:
An emergency fund is meant to cover unforeseen financial - needs like sudden job loss, medical emergencies, or major home repairs. It provides a financial buffer for unexpected events.