EPF Unit 5

Front

Based on the text, how can enlisting in the military affect an individual’s financial plan and future goals?

Back

Enlisting can fund a person’s educational goals even if the person is undecided about attending college right after high school.

Front

How can enlisting in the military potentially benefit a person’s financial future?

Back

Enlistment provides grants and loans to help pay for community college or university tuition.

Front

How can improving professional development affect individual financial goals?

Back

It increases an individual’s eligibility to obtain loans.

Front

How will the young woman’s choice to accept the job instead of attending college most likely affect her financial plan?

Back

The woman will begin generating income immediately but may earn lower income in the long term.

Front

How does taking a skill development course at the local community college benefit an unemployed individual?

Back

It provides more opportunities for work.

Front

Which of these MOST often results from additional education? Options: fewer job opportunities, higher cost of living, higher income, fewer developed skills

Back

higher income

Front

Which of the following statements best reflects planning around educational and financial goals? A specific college or university has influence on future potential earnings. Certain career and educational choices can make a personal financial goal unattainable. Political and social conditions do not affect career or financial goals. Evolving tax policies increase income and aid in reaching financial goals.

Back

Certain career and educational choices can make a personal financial goal unattainable.

Front

What should the student do with her wages to achieve her goal of graduating from college debt-free?

Back

She should invest her money in a savings account to use for her college tuition and books.