Matthew bought a used car last month for $2,400. He just found out he needs a new transmission that will cost $2,400 to install. He is asking you for advice as to what he should do. What financial principle would you use to base your advice on?
A) Waste not, want not, smart spending matters.
B) Mind games, financial personality, and your money
C) Protect yourself from major catastrophes.
D) None of the above would be correct.
Answer: B
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