Finance Terms
Financial Planning
Budgets
BUFPA Members
Miscellaneous
100
A qualified investment professional who helps individuals and corporations meet their long-term financial objectives.
What is a financial planner?
100
This person might help manage investments, broker the sale and purchase of stocks and funds or create a comprehensive estate and tax plan.
What is a financial advisor?
100
A budget is a A. purchase plan B. line of credit C. financial statement D. detailed financial forecast E. set of personal financial objectives
What is D. Detailed financial forecast?
100
This member has their first fitness modeling shoot in January.
Who is Lou?
100
They are the leaders of the 21st dynasty and won the Super Bowl last year.
What are the Patriots?
200
The process of determining long-term income goals and the actions necessary to achieve these goals post employment.
What is a retirement plan?
200
This person is a type of financial advisor, who helps companies and individuals create a program to meet long-term financial goals.
What is a financial planner?
200
The main purpose of a budget is to A. develop goals B. develop a financial plan C. give feedback to the plan D. monitor and control financial outcomes E. revise goals
What is D. monitor and control financial outcomes?
200
This member speaks five languages: Albanian, English, Italian, Spanish, and French.
Who is Fjoralba?
200
When is the best time to be at Questrom on Wednesday nights?
When is 7pm?
300
A special retirement account that you fund with post-tax income?
What is a Roth IRA?
300
The Wilson family's short-term goals might include A. setting up an emergency fund of three months' income B. buying a house C. sending the kids to college D. planning to retire at age 60 E. all of the above
What is A. setting up an emergency fund of three months' income?
300
Budgets are A. Restrictive B. Complicated C. Are forward looking D. Permanent E. Unnecessary
What is C. are forward looking?
300
This member likes eating oranges in the shower.
Who is Zach?
300
Baby don't hurt me.
What is love?
400
This term is a retirement vehicle sold by insurance companies that provides the benefits of tax deferral and protects your principal.
What is an annuity?
400
You are more likely to achieve your goals when A. your income is high B. goal dates are inflexible C. short- and long-term goals are established separately D. goals are reassessed and revised periodically E. one person controls all goals in the household
What is D. goals are reassessed and revised periodically?
400
The most common budgeting period is a A. week B. month. C. quarter D. semi-annually E. bi-weekly
What is B. month?
400
This member has a professional PADI scuba diving license.
Who is Feiya?
400
This Boston restaurant has world renowned nachos.
What is Sunset Cantina?
500
The practice of selling a security or commodity that you do not own.
What is short selling?
500
Housing should account for roughly ___ % of a monthly budget.
What is 40%?
500
The expenditure categories for your budget should be determined by A. the BLS Urban Family Budget categories B. purchased budget book headings C. those used in previous years. D. current and expected future spending E. itemized tax deductions
What is D. current and expected future spending?
500
This member changed from being extremely extroverted to introverted after taking OB221.
Who is Scarlett?
500
A Bitcoin is worth this much.
What is $11,416?
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