When you get that good job it comes with great pay too therefore giving rise to the need to better plan on how to use the money. Good personal finance opens an individual to investments that will increase their income. What can you recall from the topic on personal finance? Take up the quiz to find out.
Borrowing
Earning
Saving
Spending
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Mr. Clark used hs credit card to order takeout food online.
Mrs. Eames receives extra money in her paycheck each October since she qualified for longevity.
Ms. Dennis has $100 of his salary for each pay period depositied in an interest-bearing account.
The bartons secured a loan to buy a two-storu townhome in the suburbs.
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Cultural
Economic
Legal
Media
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Measurable, but not realistic
Realistic, but not measureable
Specific and time-bound
Specific, but not time0bound
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Can be used to earn additional income
Increases financial security
Produces a healthier economy
Provies growth opportunities for small businesses
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Buy a trendy new shirt int he style that all her friends were wearing
Give her money in support of a political candidate
Purchase a new winter coat because she'd outgrown her old one.
Take a trip to the mountains just for the fun of it.
By following logical steps
From habit
On impulse
With options in mind
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Before buying her class ring, Beth compated costs and quality of rings from three sources.
Carolyn decided to save $10 a week during her junior year to help pay for her senior expenses.
Dee borrowed her mother's sweater only after her mother dois it would be fine.
Eli decided not to accept the offer of a part-time job because he needed more time to study.
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Identify the decision to be made
Identify resources and gather information
Identify the options
Identify the pros and cons of each option
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