IADL Exam 3 Financial Terms Flashcards

1

Ability to acquire values, attitudes, norms, and information that contribute to one's financial knowledge and skills.

2

Make informed financial decision in order to function to include daily spending, budgeting, insurance, banking, savings.

3

Four-demensional concept to include attributes such as financial literacy, socialization, skills, and behavior.

4

Appreciate the wider impact of financial decisions, understand rights, responsibilities, and sources of guidance.

5

Ability to apply knowledge and understand across a range of situations.

6

Ability to make sense of and use money, to deal with everday financial matters, and make good financial choices.

7

Person designated responsible for managing the money and making the financial decisions of the client.

IADL Exam 3 Financial Terms