Employment and Education Answers

In American society, which of these is an example of a want?

Which of these is the best example of an asset?

There are four steps in solving one’s personal financial challenges:1. considering opportunity costs2. assessing risks and returns 3. setting short- and long-term goals4. assessing needs and wantsWhich of these is the correct order of these steps?

This chart shows Dan’s budget:

Which would be most helpful when considering a large expenditure that might require repeating payments? Select three options.careful consideration of short-term goalsrecording the number of assets you currently owncreating a budget to consider future income and spendinglearning more about different kinds of accounts to manage moneylearning about opportunity cost

Personal finance skills have the most significant impact on an individual’s

Emma lives on a tight budget. She saves money and also makes intelligent choices when spending it. Which statements describe Emma’s financial skills? Select three options.Emma is more prepared to meet her basic needs.Emma is better prepared to avoid financial setbacks.Emma is better able to avoid accumulating assets.Emma is more prepared to face emergencies.Emma is better able to avoid decision-making with her finances.

What do financial planning skills ultimately enable an individual to do?

Planning to finance higher education helps people prepare for their financial future because it teaches them about

In personal finance, one makes decisions based on needs vs. wants. What is considered a need?