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Jennifer is trying to save up for an emergency fund of $3000. Which saving strategy would likely be Most effective in helping her meet her goal?

Answer :

The saving strategy that would likely be Most effective in helping her meet her goal is:  Every month, after she's paid for rent, student loan and credit card debt, utilities, and groceries, put $50 or $100 into savings.

Emergency fund is an account in the which money are kept in case of unforeseen expenses, unforeseen circumstance or when money are needed during rainy days.

Since Jennifer is trying to save up in her emergency fund, in order to meet up the best alternative for her is to put in the amount of $50 or $100 into her saving account after paying all her expenses.

With this she will be able to meet up or achieve her goals of saving up to the amount of $3,000 into her emergency fund.

Inconclusion the saving strategy that would likely be Most effective in helping her meet her goal is:  Every month, after she's paid for rent, student loan and credit card debt, utilities, and groceries, put $50 or $100 into savings.

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