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Financial Algebra 1.2 Quiz

Last updated over 3 years ago

8 questions

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Question 1

1.

Define "Financial Goals"

Specific objectives that are accomplished through financial planning.

Managing money in ways that build a sense of understanding, competence, and control.

Giving up one thing for another.

Feeling good about one's life.

Question 2

2.

Define "Well-being"

Giving up one thing for another.

That desire for goods and services that can increase our quality of life but are not absolutely necessary for our survival.

Feeling good about one's life.

Managing money in ways that build a sense of understanding, competence, and control.

Question 3

3.

Define "Financial Planning"

That desire for goods and services that can increase our quality of life but are not absolutely necessary for our survival.

Specific objectives that are accomplished through financial planning.

Managing money in order to reach your finacnial goals.

Giving up one thing for another.

Question 4

4.

Carter wants to join a school club. Which activity would contribute the most to his emotional well-being?

The club his teacher recommends

The club his friend wants to join

The club he enjoys so much he loses track of time

The club that has no fees

Question 5

5.

Jenna puts 10% of each paycheck into a savings acount. Which domain of well-being would this fall under?

Emotional

Financial

Physical

None of the above

Question 6

6.

Sylas is challenging himself by taking on a new project at work. Which domain of well-being would this fall under?

Physical

Financial

Social

Intellecual

Question 7

7.

Fill in the blank.... "You present self affects your ___________ self."

Question 8

8.

Fill in the blank.... "You are better off in a _____________, than by yourself."