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Financial Planning Courses: Lifestyle Planning/Setting Financial Goals

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1.
Two characteristics of a SMART goal are that they are _______.
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Measurable and time-bound. 'Specific' is a characteristic too.
2.
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.
3.
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.
4.
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.
5.
When you are young and just starting out, it is wiser to spend your money on _______.
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Needs. Needs tend to be less expensive. Wants tend to be more luxurious and are perhaps best purchased when you are more settled.