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American_Bankers_Association

CTFA · Question #391

People often put money aside, sometimes for years, to save up enough to make just one major expenditure. Here are some common ones. Which of the following is Not out of those expenditures.:

The correct answer is B. An regular vacation. See the full explanation below for the reasoning.

Investment Management

Question

People often put money aside, sometimes for years, to save up enough to make just one major expenditure. Here are some common ones. Which of the following is Not out of those expenditures.:

Options

  • AThe down payment on a home
  • BAn regular vacation
  • CSome capital for going into business
  • DFunds for retirement

How the community answered

(42 responses)
  • A
    2% (1)
  • B
    83% (35)
  • C
    10% (4)
  • D
    5% (2)

Topics

#savings goals#financial planning#major expenditures#retirement funding

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