Personal Finance Literacy 2021 - 2022 Per. 6

When you buy something you WANT, what should you consider before buying?

• where it will look best in my house

• will my friends like it as much as I do

• you might not have enough money for necessary spending (emergencies)

What is the FIRST step of the decision-making process?

• make a plan! 
• make a decision 
• evaluate choices 
• determine need or want 

When a conflict arises you sometimes have to make a(n):

• start goal-setting 
• compromise 
• quit 
• get over yourself

The best way to approach your career choice is to______.

• choose the same career as someone you admire 
• follow a career decision-making process 
• wait and see what develops after high school 
• determine how to earn the most money

Your beliefs and principles

• self-concept  
• values  
• goals  
• ability

Your potential for learning a certain skill

• aptitude 
• goal 
• data 
• self-concept

the way you see yourself 

• personal goals 
• lifestyle goals 
• personality 
• self-concept 

When you make a decision, you should first define your needs. Next you should

• make a decision 
• gather information 
• analyze your resources  
• evaluate your choices

How many steps are there in the decision-making model? 

• 4
• 5
• 6
• 7

What step in the decision-making model is making the decision?

• step 2
• step 3
• step 4
• step 5