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Financial Planning Courses: Lifestyle Planning/Setting Financial Goals

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1.
Recognizing your emotional triggers is important in personal finance because _______.
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It helps you predict the financial decisions you will make.
2.
Your monthly budget should be adjusted _______.
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As needed to meet your needs and life situation. Budgets are rarely stable; they can and do change as your life situation changes.
3.
An apprenticeship program is a form of education generally associated with what industry?
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Skilled trades. Skilled trades include jobs like carpentry, electrical, plumbing, and masonry, just to name a few.
4.
Student loan money should be used to cover the following types of expenses:
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School expenses. Student loan money is money borrowed and should only be used on necessary expenses. Cable and wants generally are not necessary expenses.
5.
Your financial goals should be specific. Which of the following is the most specific goal?
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I will save $1,000 for a Chevy Malibu. Of all the choices, this one is the most specific.