Financial Decisions/Money in your Life

Specific objectives that are accomplished through financial planning

• financial goals
• financial planning
• financial well-being
• well-being

Managing money continuously through life in order to reach your financial goals

• well-being
• financial goals
• financial planning
• financial well-being

Managing money in ways that build a sense of understanding, competence, and control

• financial goals
• well-being
• financial planning
• financial well-being

Feeling good about one's life

• well-being
• financial planning
• financial goals
• financial well-being

Goods or services that are required for survival

• want
• value
• need
• trade-off

The value of the next best alternative that must be foregone as a result of a decision

• needs
• opportunity cost
• trade-off
• value

Giving up one thing for another

• opportunity cost
• trade-off
• value
• want

A fundamental belief or practice about what is desirable, worthwhile, and important to an individual

• want
• value
• needs
• opportunity cost

The desire for goods and services that can increase our quality of life but are not absolutely necessary for our survival

• needs
• trade-off
• value
• want