Section:1.01
Section:1.02
Section:1.03
Personal Finance Questions
More Personal Finance Questions
Other
100

What is value?

⚪Something that is desirable, worthwhile, and important

100

What is a decision?

is a choice that affects a person’s life.

100

What is a goal?

A goal is something a person intends to accomplish/ achieve.

100

What is an example of a routine decision?

What's for dinner?

What am I going to wear today?

What time should I go to bed?

100

What is an example of a short term goal?

Example:

Try out for the basketball team

Make honor roll

Learn to bake cookies

Go to bed early

100

What does CTE stand for?

Career and Technical Education

200

What is need?

Something necessary/required for life

200

What is a routine decision?

Are decisions made on a day-to-day basis

Don’t require a lot of time to think through

200

What is a short term goal?

A goal that is less than one year.

200

What is a financial goal?

A goal that helps individuals prepare for

financial well-being.

200

What is an example of a long term goal?

Examples:

Buy a house

Buy a car

Go to college

Sake $50,000

200

What does CTSO stand for?

Career and Technical Student Organization

300

What is want?

Something unnecessary but desired

300

What is a major decision?

Have long-term effects on a person’s life

Should be made very carefully and with a lot of thought

300

What is a long term goal?

A goal that is longer than one year.

300

What is an example of a major decision?

Should I go to college?

Should I purchase a house?

Should I purchase a car?

Should I move to another state?

300

BONUS

300 Points

300

What is the purpose of CTE on middle school level?

To introduce and expose students to many careers as possible.

400

3 Examples of Need

Water, Food, Clothing, and Shelter.

400

What is a financial decision?

A major decision that affects someone's well being.

400

What is an education goal?

A goal that helps individuals prepare for success in the workplace

400

How can finances improve your well being?

Example:

 Allows you to feel good when you can purchase something you saved for.

You don't have to worry about unexpected expenses. You have the money to pay for it.


400

Provide an example of a smart goal.

Specific: I want to save $100 to buy my friend headphones for their birthday.

Measurable: I am going to save $5 each week

Attainable: I will save $5 with allowance/ lunch money

Realistic: I will limit the money I spend on snacks by $5 a week

Time: I will do this for 5 months.

400

What is the purpose of CTE on the high school level?

To put students on a career pathway. The goal is to get them certified upon graduation.

500

3 examples of value

Honesty

Loyalty

Family

Respect

Friendships

500

What is well-being?

Is the state of being happy, healthy, and prosperous

500

What is the acronym for a smart goal?

S- Specific

M- Measurable 

A- Attainable

R- Realistic

T- Time Bound/ Time

500

What are the 4 steps in the decision-making process?

1. Identify the problem

2. List alternatives

3. Decide

4. Evaluate the results

500

Provide an example of making a decision using the decision-making process.

1. I am hungry

2. I can choose to eat from Chic Fila, Wingstop, McDonald

3. I chose Wingstop

4. I am no longer hungry/ I am satisfied


500

Name one CTE pathway and one CTSO

CTE Pathway:

Agriculture, Food and Natural Resources

Architecture and Construction

Arts, A/V Technology and Communications

Business Management and Administration

Finance

Health Science

Hospitality and Tourism

Human Services

Information Technology

Law, Public Safety, Corrections and Security

Marketing

Science, Technology, Engineering and Mathematics

Transportation, Distribution and Logistics


CTSO

Business Professionals of America (BPA) 

Family, Career and Community Leaders of America (FCCLA) 

Future Business Leaders of America (FBLA) 

HOSA – Future Health Professionals 

FFA Organization- Future Farmers of America

SkillsUSA

DECA Distributive Education Clubs of America 

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