Question

Mr. France was just laid off from his job.

Which of the following positions should he be in if he was prepared for a financial emergency?


he is using savings to temporarily pay for his necessary costs

he is late on all of his monthly bill payments

all of his credit cards are maxed out

he is getting calls from his mortgage company due to not paying his mortgage

Answer 1

Answer:

A. He is using savings

Explanation:

All other answers don't represent prepared scenarios.

Answer 2

[ he is using savings to temporarily pay for his necessary costs ]

The other answer choices don't represent positions he would be in if he was prepared for a financial emergency. The other options show what would happen if he wasn't prepared for a financial crisis. Having a savings to pay necessary costs shows a preparation to a financial crisis.

Best of Luck!