Maiko lost her job and she was forced to sell a rental property because she did not have other funds (liquid, emergency, etc) available to meet her financial obligations. What financial principle best applies to this situation?

A) The time value of money
B) Waste not, want not—smart spending matters.
C) Mind games, financial personality, and your money
D) Stuff happens, the importance of liquidity.


Answer: D

Business

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