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Financial Planning Courses: Lifestyle Planning/Setting Financial Goals

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1.
Most financial planners and advisers recommend that we break our financial goals into what types?
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Short, intermediate, and long-term. Although the other options are worth considering and should fit into our financial planning anyway, the primary ones should be short, intermediate, and long-term.
2.
A financial goal should be attainable if you have any hope of it coming true. This means that you need to be able to take concrete steps to make it happen.
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True. As opposed to goals that are too expensive or hard to achieve, an attainable goal is one that you can take steps to make happen.
3.
An apprenticeship is typically done for _______.
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A skilled trade. Apprenticeships are associated with skilled trades, though in some cases they can be done in college.
4.
When comparing needs and wants, which of the two is likely to be more practical and basic?
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Need. Needs by their nature tend to be more practical and basic, while wants tend to be the opposite.
5.
Student loans are a form of free financial aid.
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False. This is money you borrowed and you're required to pay this back. You should try to and keep the amount borrowed at a level your future income can support.