PERSONAL FINANCE LESSON 3-4

Question 1

The management of an individual's or household's financial activities.

Accepted Answer

Personal Finance

Question 2

What are the key components of personal finance?

Accepted Answer

Budgeting, saving, investing, debt management, retirement planning.

Question 3

Planning on how you will spend or save your money.

Accepted Answer

budgeting

Question 4

Setting aside money for future needs.

Accepted Answer

saving

Accepted Answer

savings

Question 5

Using money to buy assets like stocks, bonds, or real estate.

Accepted Answer

investing

Question 6

Handling loans and credit responsibly.

Accepted Answer

debt management

Question 7

Ensuring you save enough for a comfortable retirement.

Accepted Answer

retirement planning

Question 8

What are financial goals?

Accepted Answer

Specific, measurable, achievable, relevant, and time-bound objectives for your finances.

Question 9

Goals to be achieved within 1 year or less.

Accepted Answer

short-term goals

Question 10

Goals to be achieved in 5+ years.

Accepted Answer

Long-term goals

Question 11

Goals to be achieved within 1-5 years.

Accepted Answer

medium-term goals

Question 12

Assess current situation, define goals, create a budget, build an emergency fund, manage debt, plan for major life goals, save and invest, get insurance, tax planning, review and adjust.

Accepted Answer

steps to create a financial plan

Accepted Answer

create a financial plan

Accepted Answer

financial plan

Question 13

What are the Benefits of a Financial Plan

Accepted Answer

Clarity, Goal Achievement, Reduce Stress, Improved Decision Making

Question 14

An asset or item acquired to generate income or appreciation.

Accepted Answer

investment

Question 15

Lowest rate of income return yield. The return on an investment.

Accepted Answer

income

Question 16

Associated with the purchase of common stock .An increase in the value of an investment.

Accepted Answer

capital growth

Question 17

Investments that represent ownership, such as stocks. Also known as equity

Accepted Answer

ownership investments

Question 18

A mutual fund that invests in short-term debt instruments.

Accepted Answer

money market fund

Question 19

A fixed income instrument representing a loan and An interest-bearing deposit account held at the bank (2 answers needed)

Accepted Answer

bonds and savings accounts

Accepted Answer

Bonds and Savings Accounts

Accepted Answer

Bonds & Saving Accounts

Accepted Answer

Savings Account & Bonds

Accepted Answer

Savings Account and Bonds

Question 20

1. An organization or enterprising entity engaged in commercial, industrial, or professional activities.
2. A property, land, buildings, and air rights.
3. Old items that have economic value.
(3 ans.)

Accepted Answer

Business, Real Estate, and Precious Objects and Collectibles

문제 1

단답형

The management of an individual's or household's financial activities.

문제 2

단답형

What are the key components of personal finance?

문제 3

단답형

Planning on how you will spend or save your money.

문제 4

단답형

Setting aside money for future needs.

문제 5

단답형

Using money to buy assets like stocks, bonds, or real estate.

문제 6

단답형

Handling loans and credit responsibly.

문제 7

단답형

Ensuring you save enough for a comfortable retirement.

문제 8

단답형

What are financial goals?

문제 9

단답형

Goals to be achieved within 1 year or less.

문제 10

단답형

Goals to be achieved in 5+ years.

문제 11

단답형

Goals to be achieved within 1-5 years.

문제 12

단답형

Assess current situation, define goals, create a budget, build an emergency fund, manage debt, plan for major life goals, save and invest, get insurance, tax planning, review and adjust.

문제 13

단답형

What are the Benefits of a Financial Plan

문제 14

단답형

An asset or item acquired to generate income or appreciation.

문제 15

단답형

Lowest rate of income return yield. The return on an investment.

문제 16

단답형

Associated with the purchase of common stock .An increase in the value of an investment.

문제 17

단답형

Investments that represent ownership, such as stocks. Also known as equity

문제 18

단답형

A mutual fund that invests in short-term debt instruments.

문제 19

단답형

A fixed income instrument representing a loan and An interest-bearing deposit account held at the bank (2 answers needed)

문제 20

단답형

1. An organization or enterprising entity engaged in commercial, industrial, or professional activities. 2. A property, land, buildings, and air rights. 3. Old items that have economic value. (3 ans.)