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Financial Planning Courses: Lifestyle Planning/Setting Financial Goals

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1.
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.
2.
Defining your financial goals involves all of the following except:
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Knowing your tax bracket. Knowing your tax bracket is important but not necessary for calculating defining your goals.
3.
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.
4.
Ideally, when it comes to taking out student loans, you want to borrow _______.
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As little as possible. Student loan money must be paid back with interest, so ideally you want to borrow as little as possible.
5.
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.