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WorksheetsSetting and achieving your financial goals
Total questions: 17
Worksheet time: 15mins
Knowing how to manage your money is an important (a) .
What does keeping on top of your finances give you?
financial burden
financial freedom
make life easier in the long run
makes things difficult to buy
Failure to manage finances can land people with (a) that they can’t repay.
The first step to managing your money is to (a)
Think of financial goals as a kind of (a) .
What does managing money require?
patience
lots of people to look after
lots of money
discipline
Goals that we can achieve in a few weeks or months.
(a)
Goals that take a lot longer to achieve.
(a)
Saving money to buy tickets for your favourite band's concert.
short-term goal
long-term goal
Saving money to buy a car when we are old enough to drive.
short-term goal
long-term goal
As the saying goes, a (a) without a plan is just a wish.
In order to achieve the financial goals we have set, we have to use certain (a) .
The money banks will pay you for keeping your savings in a bank account.
(a)
The more money you have in the account, the more interest you will be paid.
True
False
What are some rules on saving money to keep in mind?
set a target for how much you want to save each month
set a target amount for how much you want to spend each month
setting aside a small portion of any money you receive
using all the money you earn each month
When you create a (a) for saving money, you will gradually develop more discipline for saving.
Keeping track of your money is a (a) that people build up over time.
