G4 Q2 Review 3

Planning and saving for the future are very important and considered as ______________.

• Setting goals

• Personal finance

• None of them

Wanting to receive an excellent grade in a math exam is considered a ___________.

• Saving

• Goal

• Opportunity cost

Short-term goals last for __________.

• More than one year

• More than two years

• Less than a year

Long-term goals last for __________.

• Six months

• More than a year

• Two weeks

This picture above shows the action of someone __________ money.

• Borrowing

• Depositing

• Replacing

Borrowing is a ___________ habit because it is ___________ to pay back the money you borrowed.

• Great – Easy

• Bad – Difficult

• Perfect – Okay

Goals can be ___________ goals

• Only short-term goals

• Only long-term goals

• Short-term and long-term goals

• None is correct

Setting a __________ to your goal is important because it makes a time limit for achieving that goal.

• Money

• Personal finance

• Deadline

Sometimes people experience problems with borrowing because ___________.

• It is very easy to pay back the money

• It is difficult to pay back the money

• It is easy not to pay back the money

The act of saving is ____________.

• Challenging

• Unachieved

• Extremely easy