Chapter 3 personal finance

which is the most important to creating a successful financial plan?

do you know the order of the steps in the financial decision-making process?

Financial decision making involves all of the following except _____

Maddie earns from her savings account

A person's cash outflow includes

The price of a ticket for a NKOTB concert Adam goes to

Which of the following is not an expense

Fixed expense is

Austin wants to save $300,000 by 25. He makes $100 a week. This is an example of ____ Goal.

Shane found out the water bill was a _____ expense, and the amount owed depended on amount used.

which is true for considering options for reaching a goal?

Long term goals take at least _____ years to complete

what helps determine which plan you chose?

Cash outflow includes all of the following except

Cash inflows include all of the following except

What should you study?

Jonathan can _____ the amount of income he will receive from his scholarship for next fall.

All financial goals should be periodically evaluated and _____ if necessary.

A variable expense is

Short term goals will be accomplished in the next _____

what comes first

Kenzie's car payment is considered a ______.

the last step of the decision making process is

Can you explain why people may have different plans or options to meet the same goal?

It is essential that you establish goals that are ____

Risk is defined as _____

The best description of cash inflow is money