Regardless of your spending habits, emergency funds should be an important piece of a sound financial plan. You may never know when you might encounter a trip to the hospital or some hefty car repairs. However, according to a study by the Financial Industry Regulatory Authority (FINRA), 56 percent of Americans lack the money to cover expenses for three months in an event of an emergency. Take this quiz and see where you fall on the backup plan spectrum.
Your Score:
Your knowledge of creating a financial backup plan earned
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The post Quiz: How Much Do You Know About Creating a Financial Backup Plan? appeared first on The Allstate Blog.
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