Chapter 10: Money and Relationships

When married couples do not share goals and values in how they manage money, which occurs?

If you value freedom and spontaneity, you're more likely to be a saver

Communicating with others about money is about the person hearing and following your wishes

A person's priorities, beliefs and standards that affect how he or she views the world

It is easier to manage money when you are accountable to no one

When it comes to communicating with others about money, you should not:

It is okay to hide purchases from your spouse as long as you have the cash to pay for it

Communication, teamwork, and consistency are important elements in handling family finances

Discussing important financial matters with household members can reduce conflict

When communicating with your parents about money, you should:

A person who is picky about budgeting and details

The result of achievement toward which effort is directed

A written plan gives the single person empowerment, self-accountability, and control

You should communicate money goals with your parents because

A situation in which a person is lacking time, which leads to stress

A person who thinks that everything will work out fine,typically hates to deal with the details

In a marriage, you are financially accountable to each other

The state of being free for danger or threat

What is the most important key to financial security for women?

Money management usually helps improve a marriage if there are money fights

You should seek advice from your parents so that you can become responsible with your money

Who is suppose to do the financial decision making in a marriage?

Always respect and honor your parents decisions about money even if you disagree with them

Men tend to get good deals by:

The quality or state of being responsible, liable or answerable

The number one cause of divorce in America is:

If you value security, you are more likely to

A great way for a young person to avoid making money mistakes is to:

A confidence and satisfaction in one-self

The flow of money in a family represents the ___ under which that family operates

Which is not a rule for the "budget committee meeting"?

A process by which information is exchanged between individuals

Cooperative effort on the part of a group of people acting together

When managing money, one's value system isn't important

Which can be a challenge when managing money on your own as a young single adult?