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28 March, 08:41

Lucy will open a checking account and 3 savings accounts for different purposes (emergency fund, gift fund, and education fund). What items should not be among her main considerations in selecting these accounts?

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  1. 28 March, 11:36
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    Gift fund because emergenct fund and educational fund are far more important. An emergency fund is an account used to set aside funds needed in the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major expense. A fund that supplies money for a child's education if the family's breadwinner dies.
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