Question: Please answer all the questions above based on the mark that is stated on the question. Define the term liquid assets and provide at least

Please answer all the questions above based on the mark that

Please answer all the questions above based on the mark that is stated on the question.

Define the term liquid assets and provide at least TWO (2) examples. Explain the importance of liquidity in personal financial management, Differentiate between saving account and fixed deposit account. Briefly describe the term 'emotional spending'. State FOUR (4) reasons why some people engaged in 'emotional spending

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