You've learned what an emergency fund is and why it's important. Now let's practice recognizing real emergencies versus expenses that need separate planning.
Remember: true emergencies are unexpected, urgent, and necessary expenses.
Engagement Message
Ready to test your emergency detection skills?
Type
Sort Into Boxes
Practice Question
Sort these expenses into the correct category based on what you learned about emergency funds.
Labels
- First Box Label: True Emergency
- Second Box Label: Not Emergency
First Box Items
- Job loss
- Medical bills
- Car breakdown
- Roof leak
Second Box Items
- Christmas gifts
- New phone
- Vacation
- Wedding
Type
Multiple Choice
Practice Question
Jake's laptop suddenly crashed and he needs it for his remote work job immediately. His income depends on having a working computer. Is this a true emergency?
A. Yes - it's unexpected and threatens his income B. No - electronics are predictable expenses C. Maybe - depends on how much it costs D. No - he should have planned for this
Suggested Answers
- A - Correct
- B
- C
- D
Type
Swipe Left or Right
Practice Question
Swipe each scenario left if it's a true emergency, right if it needs separate planning.
Labels
