as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the following proverb "honesty is the best policy"
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this proverb means that it is always best to be honest and truthful. honesty means being open and genuine, even if it would be easier or more beneficial to be deceptive. being honest with others will lead to mutual respect and trust, while lying can lead to serious problems. being honest can also lead to feeling better about oneself, as it is never enjoyable to have to keep track of one's own lies.
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