.
Media
Family
Religious affiliations
Grade average
The end result of something a person intends to acquire, achieve, do, reach, or accomplish in the near or distant future.
Something thought to be a necessity or essential items required for life.
A fundamental belief or practice about what is desirable, worthwhile, and important to an individual.
Something unnecessary but desired or items that increase the quality of living.
Short-term goal
Long-term goal
Education Goal
This is not an example of a goal
Lets his/her parents set their goals.
Lets their friends set their goals.
Writes their goals down.
Thinks about their goals often.
A fundamental belief or practice about what is desirable and worthwhile.
A process used to achieve financial success based upon financial goals and plans.
An investment plan that includes stocks, bonds, and mutual funds.
A set of financial documents including net worth, a will and insurance policies.
Supervised daily operations of 4 employees.
I saved money from a part-time job to finance the purchase of a new car.
I participated in the Family Career, and Community Leaders of America (FCCLA) as a member in a chapter of 32 students.
Speech and Drama Team.
Commit to a profession that requires a college degree.
Choose a career that offers the amount of money desired.
Develop personal goals, complete an interest inventory, and research careers.
Choose a training program that will guarantee employment after the course work is completed.
Higher estimated lifetime earnings.
Lower personal satisfaction.
Greater amounts of leisure time.
More comfortable work environments.
Finance the Internal Revenue Service.
Encourage private enterprise.
Establish food networks.
Provide goods and services to the public.
Relies on the taxpayer for financial support.
Relies on the government for their Social Security benefit check.
Pays the taxes for all the members of the family.
Depends on their job for needed financial support to pay their expenses.
$501.66
$320.00
$576.92
$640.00
Needs
Values
Wants
All of the above
Decrease expenses
Use a credit card more often
Earn less income
Increase purchases
Checking and savings accounts.
Loans and investments.
Financial counseling.
All of the above.
$50,000.00
$1,000,000.00
$250,000.00
$10,000.00
Eliminate the need to reconcile their bank account.
Correct fraud or identity theft as soon as it occurs.
Have 3-4 days of float time after a check is written.
Have 24/7 access to banking transactions.
Debit cards allow for overspending and credit cards are limited to the amount in the designated bank account.
A debit card withdraws money from a designated bank account for immediate payment instead of making purchases on credit
Credit cards are not widely accepted by stores but debit cards are.
Debit cards and credit cards function in the same manner.
Savings is used to pay for long-term goals, while investing is used to pay for emergencies.
Savings are less liquid than investing.
Savings provide the foundation for financial security while investing is used to pay for long-term goals, such as retirement.
All of the above
An individual should save whatever money is left over after paying monthly bills.
An individual should pay all fixed expenses before paying flexible expenses.
An individual should consider savings to be a fixed expense.
An individual should consider savings to be a flexible expense.
Savings tools are not secure because they have a high risk of losing money.
Savings tools are secure because they are protected by the U.S. government against loss.
Savings tools are very secure because there are no risks involved with saving or investing.
None of the above is true. It would be safer to keep the money at home in a shoe box.
More liquid than cash.
Less liquid than mutual funds.
More liquid than stocks and bonds.
All of the above.
The rise in the general level of prices.
The uncertainty the return on an investment will deviate from what is expected.
The number of times something happens to money.
The projected value of an investment at the end of a specified time frame.
Higher risk indicates lower return.
Higher risk indicates higher return.
Lower risk indicates higher return.
No relationship exists between risk and return.
Increases the risk/return ratio
Limits investors choices to only one or two investment tools
Indicates an investor is a good predictor of the return an investment will have
Decreases risk by investing money in a variety of investment tools
Dollar value of a stock increases or decreases
A stock split occurs
A merger happens between two companies
All of the above