Part 5: Emergency Funds (three paragraphs)
Watch Elizabeth White’s TED Talk by clicking the following link. Captioning and transcripts are available at the link.
https://www.ted.com/talks/elizabeth_white_an_honest_look_at_the_personal_finance_crisis (Links to an external site.)
Write a paragraph summarizing your thoughts about Elizabeth White’s TED Talk.
Find two current (within the last six months) magazine or news articles about emergency funds. Write a single paragraph summarizing the information from these articles. Address each of the following questions. What is a situation that may arise that would require the use of your emergency fund? What are three benefits of having an emergency fund that would support you for three to six months? What is one difficulty of setting up your emergency fund?