Money Matters

The possession of a body of financial knowledge, a set of basic skills, and the ability to apply knowledge and skills to making informed, responsible financial choices

• Financial plan

• Financial Literacy

• Money Management

• Financial resources

An overview of an individual’s current financial position and strategies to meet future financial aspirations

• Financial plan

• Financial budget

• Value System

• Financial competence

Necessities a person must have to survive

• Wants

• Needs

• Luxuries

• Goals

Things that a person desires but can live without

• Needs

• Goods

• Values

• Wants

An individual who purchases goods and services for his or her own use

• Buyer

• Consumer

• Producer

• Business

Tangible items that can be touched, used, and purchased, such as food or clothing

• Services

• Producers

• Goods

• Consumables

Principles and beliefs that a person considers important

• Opinions

• Values

• Ethics

• None of the above

The moral principles or beliefs that direct a person’s behavior

• Ethics

• Morals

• Values

• None of the above

Is a value or goal that is given more importance than other values and goals

• Goods

• Trade Off

• Responsibility

• Priority

An objective to be attained in a specific amount of time

• Priority

• Goal

• Desire

• None of the above