Q1 Financial Management Draft

Which is not a money tip?

• create a budget
• limit credit card usage
• Save some money each paycheck
• track expenses
• Spend every dollar of your paycheck on wants

What is one characteristic of Goals?

• Dynamic
• Bad
• Weird
• Money
• family

What does the "S" mean in SMART goals?

• Super
• Smart
• Specific
• Simple
• Strong

Which is NOT a benefit of Goal Setting?

• Provides clear picture of where you're headed
• Helps you determine what you need to do to get there
• Keeps you focused on what you need to learn
• You are always distracted and cannot focus on it
• Provides a way to measure your progress

What does the "M" mean in SMART goals?

• Measureable
• Management
• Money
• Money-management
• Marketing

What does the "A" mean in SMART goals?

• Attraction
• Attention
• Active
• Attainable
• Active-Management

What does the "R" mean in SMART goals?

• Report
• Retain
• Risk-Management
• Results-Oriented
• Risk

What does the "T" mean in SMART goals?

• Time
• Time-Bound
• Task
• Team
• Teamates

What is NOT a reason to save money​

• Peace of mind​
• Better future​
• More Money
• For children’s education​
• Family security in an emergency​

What is NOT a reason to save money

• Pursue dream career​
• Make room for fun​
• Help others​
• Leave a financial legacy​
• Being able to buy what you want