PF 1.01 Vocabulary

Having loving, supportive, and dependable relationships with family, friends and community members that provide a sense of belonging.

• Financial Well-Being

• Well-Being

• Social well being

• Physical Well Being

Goods and services that are required for survival are referred to as:

• wants.

• needs.

• goals.

• trade-off.

What is the correct terms for "feeling good about one's life?"

• Well-being

• Values.

• Goals.

• Wants.

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

• Physical well being

• Social well being

• Well being

• Financial well being

Giving up one thing for another is referred to as:

• opportunity cost.

• trade-off.

• goals.

• wants.

The definition for "Financial Planning" is:

• Giving up on thing for another.

• Fundamental belief or practice about what is desirable, worthwhile, and important to an individual.

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

• Feeling good about one's life.

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

• Well being

• Goals

• Value

• Needs

Learning to solve problems and challenges in school, your job/career and activities in which you are involved, and in your personal life.

• Emotional well being

• Physical well being

• Social well being

• Intellectual well being

What is a "want?"

• Goods/services that required for survival

• desire for goods/services that can increase our quality of life but are not necessary for our survival

• Giving up one thing for another

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

Eating well, exercising, getting and adequate amount of sleep and receiving regular medical care.

• Physical well being

• Social well being

• Emotional well being

• Intellectual well being