Careers
Vocabulary
Personal Financial Planning
Goals
Potpouri
100
More formal education and training lead to this
What are higher lifetime earnings?
100
Fundamental belief of what is important
What are values?
100
the first step of financial planning
What is determine your current financial status?
100
One year or less time frome
What is a short-term goal?
100
Object of a person's ambition
What are goals?
200
Temporary way to make money
What is a job?
200
Something you must have to survive
What is a need?
200
Spending, saving, and investing to have the kind of life you want and financial security
What is Personal Financial Planning?
200
Getting an "A" on the test tomorrow
What is a short-term goal?
200
Task that a person or thing performs
What is a service?
300
Commitment to work in a field that is fulfilling
What is a career?
300
Something you desire but can live without
What is a want?
300
provide direction for financial decisions and action
What is the purpose of financial goal setting?
300
1 year to 5 year time frame
What is a medium-term/Intermediate goal?
300
Ability to turn an asset quickly into cash
What is liquidity?
400
You should consider these when choosing a career
What are values, goals, personality, and interests?
400
Possibility of losing your job due to unexpected health problems
What is an income risk?
400
These factors influence your Personal Financial Planning
What are life situations, personal values, and economic factors?
400
5 years and higher time frame
What is a long-term goal?
400
One of the major reasons why we are faced with making financial decisions
What is scarcity?
500
More education leads to an increase in this
What is a better standard of living?
500
Possible increase in price if you wait to buy something
What is Inflation Risk?
500
A clear understanding of your needs, wants, and values will do this
What is influence your financial goals?
500
A financial plan that is 5 or more years into the future
What is a long-term financial goal?
500
Interest rates go up or down which impacts how much you pay when borrowing money
What is an interest rate risk?
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