Janice's monthly expenses are $6,000, and she has $10,000 in checking and savings. Which of the following is true about her financial situation?
A) Janice needs to try to reduce her spending.
B) Janice needs to increase her emergency fund.
C) Janice has too much in liquid assets.
D) Janice should consider investing her $10,000 in a stock mutual fund to generate higher returns on her investment.
Correct Answer:
Verified
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