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 a year to save for his mutual fund investment. This is known as making a special effort to save, which is a valid suggestion for obtaining the necessary money for investing.

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