Personal Finance Final Exam

Time management can help you

• 1. Reach your long-term and short-term goals

• 1. Balance work, rest, and recreational activities

• 1. Minimize stress from feeling too busy

• 1. All of the above

Standard of Living refers to

• A level of comfort that makes purchasing what you need and want achievable

• 1. A legal term that describes the minimum standards for housing

• 1. The minimum amount an adult should earn in order to live

• 1. The standard that all Americans should live by

______ management means making a conscious decision to fit certain things into your routine and figuring out how you will accomplish that routine

• Time

• Money

• School

• Work

Sedentary life is one in which you

• 1. Work constantly

• 1. Exercise frequently

• 1. Eat healthy

• 1. Be inactive and lazy

It is good time management to wait until the end of the day to _____ when all of your other activities are already completed.

• Study

• Eat

• Sleep

In the ROCK video we watched about time management in class, what should be the most important thing to put in the jar first?

• Sand because there is so much of it

• Pebble because they are small

• Rock because they are the most important tasks

• Rock because they are the biggest

Living a balanced life means

• Having a sense of purpose

• 1. Not getting enough sleep

• 1. Feeling productive

• 1. Including a variety of things to do

On average, the ideal amount of sleep for most adults is

• 4-6

• 7-9

• 10-12

A good way to keep track of how you spend your time is

• 1. Ask a parent

• 1. Google it

• 1. Keep a diary

• 1. None of these

Mental or physical tension caused by worry over problems that we may experience in life is

• Nutritious

• Sedentary

• Stress