Drag each dle to the correct location

Identify the type of savings find that is best suited for each situation

saving for an upcoming vacation

paying for a hospitalization not covered

by health insurance

SE

saving for a down payment

paying ueries and mortgage payments

after a job loss

paying for a major planned expense

paying for a major unplanned expense

Sinking Fund

Emergency Fund

Emergency fund refers to the money that is kept aside for a unexpected expense. Something that you haven't planned for, such as medical emergencies, job loss, car repair etc.

Step-by-step explanation:

Emergency fund refers to the money that is kept aside for a unexpected expense. Something that you haven't planned for, such as medical emergencies, job loss, car repair etc.

Sinking Fund refers to the money that you have kept aside for expected events or Planned expense

1) Saving for an upcoming vacation - Sinking Funds

2) Paying for a hospitalization not covered by health insurance - Emergency Funds

3) Saving for a down payment: Sinking Funds

4) Paying ueries and mortgage payments after a job loss-Emergency Funds

5) Paying for a major planned expense - Sinking Funds

6) Paying for a major unplanned expense-Emergency Funds