Q76
When undertaking financial planning for individuals without capital, what savings need is likely to be addressed in every single case?
A.
Emergency funds
AnswerB.
Funds for children's savings
C.
Funds for educational costs
D.
House purchase funds
Answer: Option A
Solution
Answer: Option A
Solution:
When undertaking financial planning for individuals without capital, Emergency funds savings need is likely to be addressed in every single case. An emergency fund is money that you have set aside to specifically cover any unexpected expenses that may come up.