Lucy will open a checking account and 3 savings accounts for different purposes (emergency fund, gift fund, and education fund). What items should not be among her main considerations in selecting these accounts?

Gift fund because emergenct fund and educational fund are far more important. An emergency fund is an account used to set aside funds needed in the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major expense. A fund that supplies money for a child's education if the family's breadwinner dies.