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Take Charge of Your Financial Well-Being Flashcards | StudBud
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Take Charge of Your Financial Well-Being
Take Charge of Your Financial Well-Being
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Questions
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Answers
1
Individual who have high well-being:
Positive
All the Above
Love What They Do
Feel Acheivement
2
Feeling a sense of worth and purpose in your life is:
Emotional Well-Being
Intellectual Well-Being
Physical Well-Being
Social Well-Being
3
Giving up one thing for another.
Exchange
Opportunity Cost
Trade-Off
Barter
4
The value of the next best alternative that must be forgone as a result of a decision
Exchange
Opportunity Cost
Barter
Trade-Off
5
Values help you to determine your
Success
Personal Worth
Identity
Personal Goals
6
Having a network of friends and family
Physical Well-Being
Intellectual Well-Being
Emotional Well-Being
Social Well-Being
7
Learning to solve problems and challenges
Emotional Well-Being
Intellectual Well-Being
Physical Well-Being
Social Well-Being
8
Needs refers to _______________________ that are required for survival.
Stuff
Wants
Good or Services
Things
9
Eating well, exercising, getting adequate amount of sleep and regular medical care
Physical Well-Being
Emotional Well-Being
Social Well-Being
Financial Well-Being
10
A person's individual values are NOT influenced by:
Teachers
Animals
Family
Friends
11
High well-being come from feeling good about one's
Feelings
Financial Status
Life
Education
12
Managing money in ways that build a sense of understanding, competence and control.
Physicall Well-Being
Intellectual Well-Being
Financial Well-Being
Social Well-Being
13
Managing money continuously through life in order to reach your financial goals.
Financial Goals
Goals
Financial Management
Financial Planning
14
This is critical to increasing a person's financial well-being.
Managing Money
Financial Goals
Financial Planning
Savings
15
Wants reflect our vast _________________for products.
Longing
Happiness
Need
Desire
16
Belief or practice about what is desirable, worthwhile, and important to an individual.
Wants
Experiences
Values
Needs
17
Specific objectives that are accomplished through financial planning.
Financial Management
Financial Goals
Financial Planning
Goals