M: Do you think people today do a good job of planning for financial emergencies
W: Well, I think most people want to have a secure future. Um, however, the information they need, um, to achieve financial security isn’t at their fingertips. Um, OK, for example, well, they need to establish their goals, for instance, how much money do you need to live, what would be a basic amount that you need to live They have to take things like whether they want to pay for their children to go to college, which college they’re going to go to, um, and many people in the baby boomer group are faced with having to care for a parent, which is an added expense and has to be, um, considered in any future financial decision.
M: Then how much money do you think people need to save for themselves
W: Well, the thing is, you should have 3--6 months of monthly salary saved, so whatever your monthly salary is you should have enough to pay your expenses for 3--6 months wi
A. 3~6 months of monthly salary
B. 13% of salary
C. $10
D. Not mentioned
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