Emma just graduated from college and needs to start an emergency fund. Where should she put her money? Why?

These steps can help you when building an emergency fund in college:

Set a goal for how much you need.

Consider your total monthly income and expenses.

Determine what expenses are necessary.

Decide how much you're going to save every month.

Consider how you're going to get what you need.

Explanation:

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In the bank because Emma money is safe in there

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.