WorksheetsUnit 1-Money Management
Total questions: 18
Worksheet time: 10mins
Beyond 1 year would be an example of what type of goal?
Short Term
Intermediate
Long Term
Lenghty Committment
ideas and beliefs that are most important or meaningful to you
Delayed Gratification
Spending Log
Wants
Values
Rent or Mortgage is an example of what type of expense?
(a)
Gasoline would be an example of what type of expense?
(a)
0-3 MONTHS would be an example of what goal lenght?
Short Term
Intermediate
Long Term
Short Committment
A goal that you set must mean something to you-that would make it...
Specific
Relevant
Attainable
Measurable
Putting aside an amount of money in case your income is negatively impacted (lose a job)
Pay Yourself First
Good Plan
Emergency Fund
Not necessary
PYF stands for
Pick Your Friends
Pick Your Fantasy
Pay Yourself First
Personal Yes Finance
what you give up in a decision
Think about the Bean Activity
Delayed Gratification
Opportunity Cost
Income
Expenses
cost the same amount every time, each month
Fixed Expense
Variable Expense
Long Term Expense
Periodic Expense
The S in SMART goals stands for...
Standard
Smart
Specific
Super
A place to record all the money you have spent each day.
Delayed Gratification
Short Term Goals
Spending Log
Income
Waiting to buy or receive something until you have enough money or the price has declined
Delayed Gratification
Spending Log
Income
Expenses
Putting away an amount of money or percent of income for a long term financial goal
Pay Yourself First
Emergency Fund
Long Term Goal
Monetary Funding
Track GPA and hours spent studing is an example of what part of a SMART Goal?
Specific
Measurable
Attainable
Time Bound
an expense that fluctuates or changes in amount, but can be a monthly expense.
Fixed
Variable
Periodic
Fluctuating
3 months up to less than a year is example of what?
Short Term
Intermeidate
Long Term
Medium Committment
When your income is larger than your expenses you have a...
Deficit
Bigger Income
Surplus
Extra Spending Money
