WorksheetsSeptember 6th Warm-Up
Total questions: 10
Worksheet time: 15mins
In personal finance, one makes decisions based on needs vs. wants. What is considered a need?
something one would like to have
something ones does not need to budget for
something one can afford
something one cannot live without
How do short-term goals differ from long-term goals?
Short-term goals involve more planning than long-term goals.
Short-term goals are more affordable than long-term goals.
Short-term goals cost more than long-term goals in the long run.
Short-term goals are more immediate than long-term goals.
How do long-term goals differ from short-term goals?
Long-term goals require more planning than short-term goals do.
Long-term goals require more money than short-term goals do
Long-term goals involve less planning than short-term goals do.
A________________is a plan in which an individual balances available resources and expenses.
Budget
money earned
the chance or possibility of loss
I need to attend office hours
