Wise Test Review

A financial/investment ______ is a personal blueprint or road map.

• outline

• plan

• statement

• advisor

Choose the word that best completes the sentence below. A _________ is an aim or purpose.

• goal setting

• goal

• short-term goal

• mid-term goal

Choose the word that best completes the sentence below.   A ___________ usually requires a lot of time and planning to accomplish. 

• goal setting
• goal
• long-term goal
• mid-term goal

Choose the word that best completes the sentence below.   A ____________ often does not need much planning or effort. 

• short-term goal
• goal
• long-term goal
• mid-term goal

What does the S in SMART stand for?

• Sarcastic - a goal must say one thing and mean another.

• Simple - a goal must be easy.

• Sample - a goal must be typical.

• Specific - a goal must be focused.

What does the M in SMART stand for?

• Maximum - there are no limits for goals

• Memorable - a goal must be easily remembered

• Measurable - a goal must have some kind of number attached so you have a way to know if you are reaching the goal.

• Mental - you have to be able to think about the goal.

What does the A in SMART stand for?

• Attainable - a goal must be reachable; you CAN do it.

• Admirable - a goal must impress people.

• Artistic - a goal must be creative.

• Academic - a goal must be scholarly and oriented towards learning.

Tags

CCSS.L.8.4C

CCSS.L.7.4C

CCSS.L.9-10.4C

CCSS.L.6.4C

CCSS.L.11-12.4C

What does the R in SMART stand for?

• Responsible -a goal must allow you to take charge.

• Realistic - a goal must be realistic in how long it will take and the steps taken to achieve it.

• Respectful - a goal must allow you to be kind and polite.

• Repeatable - you must be able to do the goal over and over again.

What does the T in SMART stand for?

• Time-bound - the goal must be reached within a specific length of time.

• Thoughtful - a goal must take into account the feelings of others.

• Transferable - a goal should be able to be shared with other people.

• Trust-worthy - a goal should be worthy.

What does PYF stand for?

• Prepare your Future

• Pay Your Friends

• Pay Yourself First

• Pay Your Finances