When should you stop making financial goals?

Never, goals are always changing.

Which of the following factors is not influenced by values?

Everything is influenced by values.

Erica wants her class project to reflect her values. Which item would be best to include?

Things that reflect her beliefs and what is important to her

Jacob wants to improve his intellectual well-being. Which would contribute most?

Challenge himself by taking on a new project at work.

Joanna wants to improve her financial well being. Which of the following would contribute most?

Take a finance class to learn how to manage her money.

Carter wants to improve his well-being. Which activity would contribute most?

An activity that makes him lost track of time.

Which of the following statements about our interactions with money is NOT true?

Investment increases risk and causes stress and uncertainty.

Sylas is creating a timeline of his financial future for his class. Where should the end be?

Never - it is an ongoing process.

studbud

Personal Finance Objective 1.00

13 termsStudBud Administration848 plays

Imported from external platform

Flashcards13 cardsFPractice quizPHost liveL

Questions 13

Answers

1
When should you stop making financial goals?
When you are 70 years old.
When money management plan establishes high well-being
Never, goals are always changing.
When your goals have been established.
2
A goal that can be accomplished within a year is a
Mid Term Goal
Long Term Goal
Long Range Goal
Short Term Goal
3
Which of the following is likely to have the least influence on an individual's values?
Media
Religious affiliations
Family
Grade Average
4
Kaylee will save $25 per month to buy a $150 mp3 player in six month. This is an example of...l
Mid-term goal
Short-term goal
This is no an example of a goal.
Long-term goal
5
Susan and her husband will save $100 per month to buy a house within 5 years. This is a
This is not a goal
Midterm goal
Short Term Goal
Long term goal
6
Which of the following factors is not influenced by values?
An individuals's long-term decisions.
An individual's daily decisions
An individual's financial decisions.
Everything is influenced by values.
7
Erica wants her class project to reflect her values. Which item would be best to include?
Things that reflect her beliefs and what is important to her
Things that she intends to get, do, reach or accomplish.
Things that are necessary for life and survival.
Things that she desires & will increase her quality of life.
8
Jacob wants to improve his intellectual well-being. Which would contribute most?
Take a vacation from work.
Go to the gym three times per week.
Join a local service organization.
Challenge himself by taking on a new project at work.
9
Joanna wants to improve her financial well being. Which of the following would contribute most?
Open another checking acct. to help her organize her money.
Pay her grandma back th3e money she borrowed last year.
Take a finance class to learn how to manage her money.
Talk to her friends about how to manage her money better.
10
Carter wants to improve his well-being. Which activity would contribute most?
An activity that his friends like to participate in
An activity that doesn't cost much money.
An activity that makes him lost track of time.
An activity that his teacher suggested to him.
11
Which of the following statements about our interactions with money is NOT true?
You are responsible for both your present and future self.
Investment increases risk and causes stress and uncertainty.
Your present self impacts your future self.
You are better off in a community than by yourself
12
Sylas is creating a timeline of his financial future for his class. Where should the end be?
When his financial goals have been established.
Never - it is an ongoing process.
When he is 70 years old?
When his money management plan has established well-being.
13
Amber's academic goals are most likely to be fulfilled if she
Discusses them with her friends
Write them down
Gets her friends to help her make her goals
Let her parents make them

Personal Finance Objective 1.00 Flashcards | StudBud