If Your Monthly Expenses Total $2,000, You Should Save at Least

question 18

Multiple Choice

If your monthly expenses total $2,000, you should save at least _______ in an emergency fund before focusing on your investment program.

• A) $1,000
• B) $2,000
• C) $4,000
• D) $6,000
• E) $8,000
• F) $10,000

---

Definitions:

Janusian Thinking

A cognitive approach characterized by considering opposing ideas or concepts simultaneously, facilitating creative and innovative solutions.

Autonomy

The degree of freedom and independence an individual or unit has to make decisions and carry out actions within their role or responsibility.

Freedom

The state of being free or at liberty rather than in confinement or under physical restraint; often includes the power to act, speak, or think without externally imposed restraints.

Detachment

describes a state of emotional disengagement or neutrality, often used as a coping mechanism to maintain objectivity or reduce personal bias.