Take Charge of Your Financial Well-Being Vocabulary

Take Charge of Your Financial Well-Being Vocabulary

12th Grade

12 Qs

quiz-placeholder

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Take Charge of Your Financial Well-Being Vocabulary

Take Charge of Your Financial Well-Being Vocabulary

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Shelby Cantrell

Used 4+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Specific objectives that are accomplished through financial planning:

goal

financial planning

financial goals

well-being

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Managing money continuously through life in order to reach your financial goals

long-term goals

want

trade-off

financial planning

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something a person intends to acquire, achieve, or accomplish in the future

long-term goals

goal

short-term goals

well-being

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A goal that will be attained in more than ONE year

goal

long-term goal

short-term goal

needs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of the next best alternative that must be forgone as a result of a decision

value

trade-off

financial planning

opportunity cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A goal that will be attained in less than a year

goal

short-term goal

trade-off

long-term goal

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Giving up one thing for another

opportunity cost

want

Trade-off

value

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