Before you decide what level of education you want to pursue, which of the following is most important to do?

Which of the following is NOT a part of personal financial planning?

When is the best time to start saving for long-term financial goals?

Adults with which of the following levels of education make, on average, the highest annual income?

What does the opportunity cost of a purchase tell you?

Raising a child, including sending him or her to college, can be expected to cost _______ over the child's life from birth to age 22.

Which of the following is a long-term financial goal?

Which of the following provides the most accurate definition of personal finance?

Tyra has to decide whether to work an extra shift at her job or attend a concert with her friends. To make her decision, Tyra adds up what she could make by working the extra shift and what she will spend at the concert. Tyra is calculating her ______.

Wages earned and an allowance are two types of ______.

If you find that you don’t have enough money to cover your immediate needs, then you need more ______.

People without enough ______ often use ______ to cover immediate shortfalls, but this approach can be very costly.

Taking a loan out to pay for a portion of a major purchase, such as a car or house, is known as _______ the purchase.

Payment terms for a loan for a major purchase would be LEAST likely to contain which of the following?

Credit-card financing is usually available _______ a borrower than longer-term financing for a major purchase.

Which of the following is NOT a type of insurance that people typically purchase?

When you calculate your net worth and file your taxes, good _______ is particularly important.

Assume you intend to borrow $5,000. Which of the following financing terms is the best deal?

Which of the following is a key component of risk management?

Your financial goals are most directly tied to your income, your ______, and your choice of career.

Andrew wants to forecast his monthly profit from his job at the movie theater. He should calculate his profit by subtracting his ______ from his ______.

After you have evaluated your current financial situation and made a financial forecast, which of the following should be your next step?

Which of the following best explains why two people who are in identical financial situations may choose two very different financial plans to meet their respective financial goals?

Which of the following would you be most likely to do as part of the last step of the financial decision-making process?

All financial goals should be periodically evaluated and ______, if necessary.

Financial decision making involves all of the following except __________.

Sabrava decides she wants to save $300,000 by the time she turns 25. She currently makes $100 a week and will turn age 18 next month. This is an example of a(n) __________ goal.

Which of the following is not an expense?

Risk is defined as __________.

Shares of ownership in a company are represented by __________.

Which of the following is not an asset?

Which of the following is not a tool for monitoring your finances?

After all of her expenses, Sarabeth typically has $100 to $150 left over each month. Sarabeth wants to decide how to spend this surplus. Which of the following tools would help Sarabeth the most?

While a ________ tracks cash flows over time, a ________ shows an individual's financial position at a point in time.

To figure your personal balance sheet, you would need to conduct research to estimate the market value of your ________.

The car you own and drive regularly is an example of a(n) ________.

Which of the following is NOT a common type of investment?

A(n) ________ represents fractional ownership of a company.

Most ________ typically require a minimum investment ranging between $500 and $3,000.

If you plan to teach at the college level, you will most likely need to complete a(n) ________.

Which of the following levels of education would typically result in the highest income?

When making a career choice you should consider all of the following except ________.

One type of formalized training program that allows you to train while working is called an(n) ________.

Information on career options can be found ________.

An official document or record of an individual meeting some standard of training or knowledge is known as a ________.

A school or training program may have an official recognition known as ________ that indicates meeting a particular set of standards.

A(n) ________ is a written snapshot of an individual's qualifications for a particular job.

A résumé should contain all of the following information except ________.

Which sector of the economy will likely experience the slowest job growth?

Money collected from individuals and corporations by some branch of the government is known as ________.

Payroll taxes can include all of the following EXCEPT ________.

A synonym for take-home pay is ________.

The federal tax system is carried out by the ________.

By law, federal tax returns must be filed by what date?

A(n) __________ formally reports your tax information to the federal government.

Which of the following is NOT a possible filing status used when filing your federal income tax return?

For tax purposes, if you sell an asset for more than you paid for it, you will have what is called a(n) __________.

Gross income includes all of the following EXCEPT __________.

Taxes impact all of the following financial decisions EXCEPT __________.

A regular payment made to purchase insurance coverage is known as a __________.

A government-sponsored program designed to provide health insurance for low-income individuals is called __________.

In general, health care costs have been __________ in recent years.

Health care plans that allow members to seek health care from any medical provider are known as __________.

Health insurance plans may limit coverage based on all of the following factors EXCEPT __________.

When an insured person shares in the cost of a specific treatment at the time it is rendered, it is known as a(n) __________.

A __________ is the designated recipient of the proceeds of a life insurance policy.

Life insurance that provides coverage for a set period of time and builds savings for the policyholder is called __________.

Life insurance coverage is sometimes provided by your __________.

The legislation that ensures you can transfer jobs and still gain access to health insurance at your new job is known as __________.

Which of the following is NOT one of the three main categories of credit?

Noninstallment credit is typically __________ in duration.

Installment loans typically require the borrower to make payments every __________.

Installment loans are usually used to buy all of the following EXCEPT __________.

Credit is advantageous because __________.

Which of the following statements is NOT an example of the disadvantages of credit?

Which of the following is NOT one of the three primary credit bureaus?

Credit reports contain all of the following EXCEPT _________.

All of the following are common identity theft tactics EXCEPT _________.

Pretexting that occurs online is known as _________.

The portion of an item's cost that a consumer pays up front is called the __________.

Personal loans are typically used for large purchases such as __________.

Sometimes a creditor may ask for a __________ to sign loan documents. This person promises to repay the loan if the borrower defaults.

Personal loans usually mature in __________.

By law, lenders are required to report the interest rate that factors in all of the financing costs. This interest rate is known as the __________.

A(n) __________ loan has some asset pledged against it as collateral.

Students with "exceptional" financial need may be eligible for subsidized loans known as __________, which carry very low interest rates and have longer grace periods than other subsidized student loans.

Signature loans are also called __________ loans.

Which of the following is an advantage of leasing a car?

Which of the following auto insurance coverages will pay for repairs to another person's vehicle if you are at fault?

Which of the following is NOT an advantage of using a credit card?

Credit cards provide people with __________.

Which of the following is a reason that merchants accept credit cards?

A person's credit limit is _________.

Legally, credit card grace periods must be at least _________ days from the time a statement is closed.

Credit card cash advances using an ATM are a(n) _________ source of funds.

The process of combining several small loans into one larger loan that often carries a more favorable interest rate or maturity is known as _________.

In what country did we watch people try to live on $1 per day?

Pawn shops loan money in exchange for _________.

Which of the following involves taking a physical vehicle title to a lender and borrowing money by pledging your car as collateral?