Allen Arnold earns $2,500 per month.He pays his mortgage,utilities,grocery and other bills and then he makes sure to set aside $100 for his savings and investment accounts before he spends money to go to movies and other personal expenses.Which suggestion for obtaining the money he needs for investing is he following?
A) Paying himself first
B) Taking advantage of employer-sponsored retirement programs
C) Participating in an elective savings program
D) Making a special effort once or twice a year to save
E) Taking advantage of gifts,inheritance and other windfalls
Correct Answer:
Verified
Q31: Jack Carson earns $40,000 a year.His monthly
Q32: Which of the following features does not
Q33: Although useful for many things,the internet cannot
Q34: An emergency fund should be deposited in
Q35: A corporation must give each potential investor
Q37: Once you have developed an investment program,there
Q38: Few investors find many of the investor
Q39: Alice Cooper contributes six percent of her
Q40: Accurate record keeping can help you spot
Q41: After the death of her husband,Gina Baker,35,received
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents