After Christmas is over,Ted Riley works hard to control his expenses in February so that he can make an extra payment into a mutual fund.Which suggestion for obtaining the money 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

Question

Quizplus · Accepted Answer

Ted is making a special effort once or twice a year to save by controlling his expenses in February to make an extra payment into a mutual fund. He is not consistently paying himself first, participating in an elective savings program, or taking advantage of employer-sponsored retirement programs. He is also not relying on gifts, inheritance, or other windfalls to invest.

After Christmas Is Over,Ted Riley Works Hard to Control His