Q621
Discretionary income is not maximised by
A.
Debt restructuring
B.
Transfer of loans
C.
Restructuring of investment
D.
Purchase of insurance policy
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Discretionary income is not maximised by purchase of insurance policy. Some people use credit cards to purchase discretionary goods, but increasing personal debt is not the same as having discretionary income.