WorksheetsGoal Setting
Total questions: 16
Worksheet time: 22mins
Name
Class
Date
1.
Choose the word that best completes the sentence below. A ___________ is usually a step to a long-term goal.
a)
goal
b)
goal setting
c)
long-term goal
d)
mid-term goal
2.
Choose the word that best completes the sentence below. A _________ is an aim or purpose.
a)
goal setting
b)
goal
c)
short-term goal
d)
mid-term goal
3.
What is this:
Something you are trying to reach or achieve in the future.
Something you are trying to reach or achieve in the future.
a)
wants
b)
a budget
c)
a goal
d)
realism
4.
What is goal setting?
a)
Picking up a coffee mug and setting it down on a table that says goal.
b)
Finding something that you want to accomplish and figuring out a plan to reach it.
c)
Figuring out a plan to not use any money for the rest of your life
d)
Accomplishing all of your goals in two minutes
5.
What does the 'S' in SMART stand for?
a)
Special
b)
Smart
c)
Specific
d)
Selective
6.
12. What does the 'R' in SMART stand for?
a)
Reliable
b)
Realistic
c)
Really
d)
Remarkable
7.
A long term goal is....
a)
weeks to months
b)
days to weeks
c)
months to years
d)
hours to days
8.
When you go to bed at night, do you ever think about things you'd like to do the next day?
a)
Yes
b)
No
9.
Do you ever write lists of things you need to do or things you want to remember?
a)
Yes
b)
No
10.
Do you find it easier to do something or learn something if you are clear what the end point will be?
a)
Yes
b)
No
11.
An example of a performance goal is
a)
mastering Microsoft Excel
b)
learning precision machinery techniques
c)
understanding the basics of hotel management
d)
completing your financial-planning certification
12.
Which of the following is a benefit of goal setting
a)
distracting you from your target
b)
impressing other people with your goals
c)
ensuring you accomplish all your goals
d)
providing a way to measure your progress
13.
Motivation means:
a)
a foreboding about what is going to happen
b)
a short pithy instructive saying
c)
a member of the working class
d)
psychological feature arousing action toward a desired goal
14.
Explain the difference between "needs" and "wants" in financial planning.
a)
"Needs" are non-essentials like music CDs, while "wants" are essentials like food, shelter, and clothing.
b)
There is no difference between "needs" and "wants."
c)
"Needs" are essentials like food, shelter, and clothing, while "wants" are non-essentials such as movies and eating out.
d)
"Needs" are things you want, while "wants" are things your parents think you should save up for.
15.
As an investor, if you wanted to diversify your retirement portfolio, which financial product should you select?
a)
Stock
b)
Mutual fund
c)
Bond
d)
Bitcoin
16.
The internet is a good place to find information on mutual funds.
a)
True
b)
False
100 %
