WorksheetsFinancial Planning and Well-Being Concepts
Total questions: 14
Worksheet time: 7mins
specific objectives that are accomplished through financial planning
financial goals
financial planning
Financial well - being
Well - being
Managing money continuously through life in order to reach your financial goals
financial goals
financial planning
Financial well - being
Well - being
Managing money in ways that build a sense of understanding,competence, and control
financial goals
financial planning
financial well - being
well - being
feeling good about one's life
financial goals
financial planning
financial well - being
well - being
something a person intends to acquire, achieve, or accomplish in the future
Goal
long - term goals
opportunity cost
short - term goals
a goal that will be attained in more than one year
Goal
long - term goals
opportunity cost
short - term goals
The value of the next best alternative that must be foregone as a result of a decision
Goal
long - term goals
opportunity cost
short - term goals
a goal that will be attained in less than one year
Goal
long - term goals
opportunity cost
short - term goals
a goal that will be attained in less than one year
Goal
long - term goals
opportunity cost
short - term goals
a goal that will be attained in less than one year
Goal
long - term goals
opportunity cost
short - term goals
Goods or services that are required for survival
Trade - off
needs
value
wants
giving up one thing for another
Trade - off
needs
value
wants
A fundamental belief or practice about what is desirable, worthwhile, and important to an individual
Trade - off
needs
value
wants
The desire for goods and services that can increase our quality of life but are not absolutely necessary for our survival
Trade - off
needs
value
wants
