Final Review

Front

________ is the process of arranging to spend, save, and invest money to live comfortably, have financial security, and achieve goals.

Back

personal financial planning

Front

Getting a college education, buying a car, and starting a business are examples of _____

Back

long-term goals

Front

What is the first step in developing a personal financial plan?

Back

Assessing your current financial situation

Front

Your financial goals should be:

Back

SMART (Specific, Measurable, Achievable, Relevant, Time-bound)

Front

________ are purchases you make often and use up quickly.

Back

Consumable goods

Front

A ______ is a person who purchases and uses goods or services

Back

consumer

Front

_____ is the study of the decisions that go into making, distributing, and using goods and services.

Back

Economics

Front

Most successful people ____________.

Back

work well with others

Front

An _______ is a position in which a person receives training by working with people who are experienced in a particular field.

Back

internship

Front

If you buy part of a company, this is called a:

Back

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