Independent Living Preassessment

Managing Resources to Achieve Goals 1. A want would be a new outfit for Friday night.

• True

• False

Food, water and shelter are basic needs that if unmet will set off the balance of one's life.

• True

• False

A short-term goal can be anywhere from one day to one year.

• True

• False

A SMART goal is the best way to determine a short or long goal.

• True

• False

Taxes withdrawn from your paycheck include local, state and federal taxes.

• True

• False

You should never apply for a credit card.

• True

• False

It is better to buy a house than to rent a house.

• True

• False

You can pay all cash for a car purchase.

• True

• False

All banks charge a fee to use a debit card.

• True

• False

It is okay to join a bank that is not insured.

• True

• False