An overview of an individual’s current financial position and strategies.
What is Financial Planning?
You can use ________ to decide whether or not college is worth its cost.
What is Cost-Benefit Analysis?
The nature of financial planning.
What is the development of a strategy to meet a person’s financial needs over the course of a lifetime?
The family life cycle consists of five stages.
What is The beginning, expanding, developing, launching, and aging.
The moral principles or beliefs that direct a person’s behavior.
What is Ethics?
A powerful decision-making tool, particularly in business.
What is Marginal Analysis?
To do buy the things you desire you can ______.
What is budget
Personal financial crisis
What is a major problem that changes one lifestyle or future.
Goals
What is an objective to be attained in a specific amount of time?
Even before applying laws of economics to help make financial decisions, one rule is obvious.
What is Common Sense?
A goal that be reached in little time.
What is Short-term goal.
You have analyzed your needs and wants, values, and ethics, you can set goals for your _______
What is financial plan?
a management system, you manage human and nonhuman resources with.
What is Personal information management (PIM)?
A software program that formats data in columns and rows.
What is a spreadsheet?
Tools that can be used to reach goals.
What is Resources?
"A job well ______ is a job half done"
What is Planning?
a cost that changes both with the amount and time it must be paid.
What is variable expenses?