WorksheetsPersonal Finance - Vision Boards/Budgeting
Total questions: 30
Worksheet time: 46mins
What are the benefits of creating vision boards?
Increase stress, decrease clarity, provide olfactory reminder
No benefits, waste of time, decrease motivation
Clarify goals, increase motivation, provide visual reminder
Decrease motivation, confuse goals, provide auditory reminder
Explain the process of visualization techniques for vision boards.
Using a vision board to write down goals and aspirations
Gathering images, words, and visual representations that align with goals and aspirations, arranging them on a board, and regularly visualizing and focusing on them.
Asking someone else to create the vision board for you
Creating a digital spreadsheet with goals and aspirations
How can vision boards be used for goal setting?
By reciting goals out loud every morning
By creating a music playlist of goals
By writing down goals on a piece of paper
By visually representing goals and desires
What materials are needed to create a vision board?
Wood, nails, and screws
Poster board, magazines, scissors, glue, markers, and decorative materials
Fabric, yarn, and knitting needles
Cement, bricks, and paint
Fixed or variable expense: Groceries
Fixed
Variable
Fixed or variable expense: Rent?
Fixed
Variable
What was the goal of John and Kim (psychotherapist) having a financial planner?
to retire early
to get out of debt
to make money on investments for paying bills
to not live paycheck to paycheck
What was the goal of Ariana (mother of two little children) meeting with the financial planner?
retire early
get out of debt
make money off of investments
not live pay check to paycheck
What was the goal of Teez (pro football player)?
retire early
get out of debt
make money off of investments
not live paycheck to paycheck
What was the goal of Lindsey(the artist) meeting with a financial planner?
retire early
get out of debt
make money off of investments
not live pay check to paycheck
What advise was Teez given ?
pick random stocks and invest
put your money in a savings account
invest in the S&P 500
pay yourself first
What advice was Lindsey given?
quit your job and take out loans
stop eating take out
stop cooking
work 6 jobs
Why did Teez fall into some financial trouble?
he took out too many loans
he gave all of his money away
he spent all of his money and had nothing left
he got injured and the paychecks stopped coming in
Do you ____ it, love it, like it, want it.
help
need
make
do
What did Ariana need to use her "rainy day" fund for?
she had to put a new roof on
she got evicted
car broke down
leak from pipes
Why is it important to set savings goals?
To spend money freely
To have a clear financial plan
To avoid saving money
To increase debt
Position where a person receives training in a certain field by working with experienced people.
Pell Grant
FAFSA
Internship
Interview
