Financial Literacy 1

One major theme of the six steps to monetary success is _____.

Identify the decision step: "I pay a bit more, but I have the coverage and data I need"

Net worth comes from _____.

Identify the decision step: "I am going with Verizon."

Income is _____.

A long-term goal is a goal that is attainable within ____.

A medium-term goal is a goal that is attainable within ____.

Expenses that do not change from month to month are _____.

The "R" in SMART stands for _____.

The ideas and beliefs that are the most meaningful to you are called _____.

If you bought a $3 lattee every day after school, how much is spent in a 180-day school year?

Identify the decision step: "Cell network must be the same; must be an iPhone 7s."

Impulse buying is an example of _____.

The "S" in SMART stands for _____.

The "M" in SMART stands for _____.

What five-step test is useful in determining whether or not you should buy something?

The "M" in SMART stands for _____.

The cost of not getting the next thing that you could have purchased is called _____.

A spending plan is also known as a _____.

The 2nd "E" in DECIDE stands for _____.

A long-term goal is a goal that is attainable within ____.

One document that you could keep to help track your expenses is a _____.

Identify the decision step: "Verizon makes me pay for the iPhone; Verizon has faster downloads"

The 2nd "D" in DECIDE stands for _____.

Identify the decision step: "Upgrade to a new cell phone this week and spend less than $100."

Identify the decision step: "Verizon has more coverage, but AT&T has better data."

The "C" in DECIDE stands for _____.

The balance between income and expenses is called _____.

The things that make life more fun and interesting, but are not essential, are called _____.

A long-term goal is a goal that is attainable within ____.

The "T" in SMART stands for _____.

The "I" in DECIDE stands for _____.

When we save money and then buy the things we really want, we are experiencing _____.

Things that are essential to your health and safety are called _____.

A short-term goal is a goal that is attainable within ____.

Good money habits require some _____.

Expenses that you change from month to month are _____.