Which of the following expenses would be a good reason
to spend money from an emergency fund?
A.Buy new track shoes because they're in style.
B.Repair your laptop that you use for homework.
C.Upgrade your phone to the latest model.
D.Purchase concert tickets to see your favorite artist.

Respuesta :

Answer:

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Explanation:

B. Repair your laptop that you use for homework

Expenses would be a good reason to spend money from an emergency fund is to repair the laptop that is used for the homework. Option B is correct.

What is emergency fund?

The word “emergency fund” refers to money set aside for use in the event of a financial emergency.

An emergency fund is intended to promote financial stability by providing a safety net that may be used to cover unexpected expenses such as medical bills or substantial house repairs.

The emergency fund can be used for the emergency situation or some important condition, in the above case, the emergency fund is to repair the laptop.

Therefore, option B is correct.

Learn more about the fund, refer to:

https://brainly.com/question/14705214

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