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Financial Planning Courses: Lifestyle Planning/Setting Financial Goals

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1.
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.
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.
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.
4.
Financial _______ occur when you choose to spend money on a want versus a need.
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Tradeoffs. Tradeoffs occur because you forego the opportunity to take care of other financial needs you have when you spend money on wants.
5.
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.