Goals and Decision Making | Budgeting | Credit | Investing | Risk Protection |
---|---|---|---|---|
giving yourself goals allows you to have something to reach for
Why are making goals important
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Yes
Your budget should change with age and the amount of money you make
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what is High Credit
Do you want high or low credit
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The best is to buy low and sell high
Is it best to buy an investment high or low
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Situation that can involve danger
What is the definition of risk
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Short Term, Intermediate term, and long term
What are the three time periods in making a goal
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Budget plan
What is the 50, 30, 20 an example of
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No
You should pay the Minimum
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If there is high risk there is usually high reward and if there is low risk there is usually high reward
Describe the reward system
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True
True or false Driving is a risk
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Long term
Buying a house is what kind of goal if you are in high school
|
50% to needs, 30% to wants and 20% to savings.
Describe what is happening in the 50, 30, 20
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Late payments can add to your interest and hurt your credit score
Why Should you pay credit bills on time
|
A professional controls the money
What is the main benefit to a mutual fund.
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Both depending on how you use it or situation
Is risk good or bad
|
Intermediate term
Buying a car is an example of what kind of goal when you are 14
|
Being able to know how much money
Having a budgeting plan is important...
|
They would get the loan
Most likely if someone asked for money with a good credit score...
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Your employer
Who puts money into a 401k
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Not pick up
If you get a call from an unknown caller you should
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Short term
Purchasing a summer vacation is an example of what kind of goal if it is winter
|
Putting more money in savings
If some one budgets so that they live cheaper then they could they are most likely...
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So they can get one for things such as a car or house
Why should one value the ability to get a loan
|
Bonds
What type of investment are fixed investment and the owners are debtholders
|
Hang up because you are probably getting scammed
If your bank requires your social security number on a phone call you should
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