Moving to another question will save this response. Question 7 Which of the following is advisable when other savings strategies fail? Place money in accounts that have penalties for early withdrawals such as pension accounts, tax deferred annuities, or life insurance policies. Contract for a house and undertake large monthly mortgage payments. Sell one's home and replace with a smaller home, to free up cash flow for savings. Both a and b. Both a and Moving to another question will save this response