Roland has become tired of such a tight budget and is unwilling to stick to his financial plan. What action should he take?
A)Roland should save less and increase his risk tolerance.
B)Roland should re-evaluate his goals.
C)Roland should evaluate alternative plans.
D)Roland should revise his plan.

Question

Quizplus · Accepted Answer

If Roland is finding it difficult to stick to his financial plan, he should revise it. This will allow him to make necessary changes or adjustments to his plan, such as finding ways to increase his income or cutting back on expenses. This will make it easier for him to stick to his plan and achieve his financial goals. Re-evaluating his goals and evaluating alternative plans may also be necessary, but these should be done within the context of revising his current plan. Saving less and increasing risk tolerance is not a recommended course of action if Roland is struggling to stick to his budget.

Roland Has Become Tired of Such a Tight Budget and Is