Financial Goals and Planning

Financial Goals and Planning

7th Grade

10 Qs

quiz-placeholder

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Financial Goals and Planning

Financial Goals and Planning

Assessment

Quiz

Other

7th Grade

Practice Problem

Medium

Created by

Chad Studer

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are short term financial goals?

Goals you want to achieve in less than a year

Goals you want to achieve in one to five years

Goals you want to achieve in more than five years

Goals you want to achieve in the current month

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a short term financial goal?

Buying a car

Saving for retirement

Paying off a small debt

Leaving a legacy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the risk level associated with short term financial goals?

Low

Moderate

High

Very high

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recommended strategy to reach short term financial goals?

Budget and save in a bank account or a money jar

Plan and invest in a mutual fund or a certificate of deposit

Project and invest in a stock or a bond

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are medium term financial goals?

Goals you want to achieve in less than a year

Goals you want to achieve in one to five years

Goals you want to achieve in more than five years

Goals you want to achieve in the current month

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a medium term financial goal?

Saving for a trip

Buying a house

Saving for retirement

Leaving a legacy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the risk level associated with medium term financial goals?

Low

Moderate

High

Very high

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