Money Management Assessment

The length of time a 'long-term' goal is set for:

The length of time a 'short-term' goal is set for:

The length of time an 'intermediate-term' goal is set for:

Making a goal and following it through is best done through setting a SMARI goal. What does each letter of SMART stands for regarding goal setting?

What is wrong with the following SMART goals? WHAT SMART section is missing? Goal #1: To buy a used 2006 Toyota Camry next June. (This goal doesn't tell what?) Goal #2: To save $200.00 for a shopping trip. (This goal doesn't tell what?)

Regarding spending plans (budgets), explain the difference between fixed and flexible expenses and give an example of each.

List 2 types of income that could be included in a budget. Fixed:

List 2 types of income that could be included in a budget. Flexible or Variable:

You are thinking about living on your own. List 4 expenses you would need to budget for. 1- 2- 3- 4-

What are different ways you can keep a budget or spending plan?