Question 1

A budget is essential for a recent college graduate with no dependents.

Accepted Answer

A) True 
 B)False

Question 2

Estate planning is much less important for married people than for single people.

Accepted Answer

A) True 
 B)False

Question 3

How can someone plan for a divorce?

Accepted Answer

Hopefully you will only marry once and f

Question 4

Why is it more challenging for women to become financially security?

Accepted Answer

Because the woman stereotypically has re

Question 5

Living below your means leads to a harsh, barren lifestyle with little or no pleasure in life.

Accepted Answer

A) True 
 B)False

Question 6

It is a good idea to pay all your bills first and then determine how much to save with what is left over.

Accepted Answer

A) True 
 B)False

Question 7

Tracking your spending for a month or so will help you plan savings.

Accepted Answer

A) True 
 B)False

Question 8

As a percentage, there are more elderly men living below the poverty line today than there are elderly women living below the poverty line.

Accepted Answer

A) True 
 B)False

Question 9

According to your text, is it recommended that couples have a joint credit card or not?

Accepted Answer

A)  No, it is best for couples to have their own credit cards. 
B)  Yes, it is important for couples to have joint credit cards. 
A)  No, it is best for couples to have their own credit cards. 
B)  Yes, it is important for couples to have joint credit cards.

Question 10

Which of the following is one of the "keys to financial success" as outlined in Chapter 18 of your textbook?

Accepted Answer

A)  Live Below Your Means 
B)  Hide Your Plastic 
C)  Realize You Aren't Indestructible 
D)  all of the above 
A)  Live Below Your Means 
B)  Hide Your Plastic 
C)  Realize You Aren't Indestructible 
D)  all of the above

Question 11

Your tax status and the tax-advantaged benefits and opportunities afforded you by your employer may change as a result of your marriage.

Accepted Answer

A) True 
 B)False

Question 12

Only people 40 years or older should max out their retirement contributions at work.

Accepted Answer

A) True 
 B)False

Question 13

Women live, on average, 6 years longer than men.

Accepted Answer

A) True 
 B)False

Question 14

Why are stocks risky, but not as risky as not investing in them?

Accepted Answer

Stocks are risky due to the ups and down

Question 15

According to your textbook, which is a typical financial event that recent graduates may face during their first decade out of college?

Accepted Answer

A)  Buying a car. 
B)  Establishing credit. 
C)  Paying taxes. 
D)  Repaying student loans 
E)  all of the above 
A)  Buying a car. 
B)  Establishing credit. 
C)  Paying taxes. 
D)  Repaying student loans 
E)  all of the above

Question 16

Discuss what is involved in Life Event 1: Getting started.

Accepted Answer

Before you can begin your life's journey

Question 17

List the 10 'ingredients' in order to succeed financially.

Accepted Answer

‑Evaluate your financial health.
‑Plan a

Question 18

Carrying debt today is limiting your financial options in the future.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following statistics concerning women are NOT true?

Accepted Answer

A)  About 75% of the elderly people living in poverty are women. 
B)  80% of all widows who are now living in poverty were not living in poverty while their husbands were still alive. 
C)  Almost half of all single elderly women get most of their income from Social Security. 
D)  Only 22% of women 65 and older received pension benefits, versus 29% of men, and the median amount of the women's pension income was over twice that of men. 
A)  About 75% of the elderly people living in poverty are women. 
B)  80% of all widows who are now living in poverty were not living in poverty while their husbands were still alive. 
C)  Almost half of all single elderly women get most of their income from Social Security. 
D)  Only 22% of women 65 and older received pension benefits, versus 29% of men, and the median amount of the women's pension income was over twice that of men.

Question 20

According to your text, which of the following is true regarding employment in today's world?

Accepted Answer

A)  Your history with the company is all that matters. 
B)  Working at a company for many years ensures that you will keep your job. 
C)  Reinventing and upgrading your skills is a necessity in today's business world. 
D)  None of the above. 
A)  Your history with the company is all that matters. 
B)  Working at a company for many years ensures that you will keep your job. 
C)  Reinventing and upgrading your skills is a necessity in today's business world. 
D)  None of the above.

A budget is essential for a recent college graduate with no dependents.

Estate planning is much less important for married people than for single people.

How can someone plan for a divorce?

Why is it more challenging for women to become financially security?

Living below your means leads to a harsh, barren lifestyle with little or no pleasure in life.

It is a good idea to pay all your bills first and then determine how much to save with what is left over.

Tracking your spending for a month or so will help you plan savings.

As a percentage, there are more elderly men living below the poverty line today than there are elderly women living below the poverty line.

According to your text, is it recommended that couples have a joint credit card or not?

Which of the following is one of the "keys to financial success" as outlined in Chapter 18 of your textbook?

Your tax status and the tax-advantaged benefits and opportunities afforded you by your employer may change as a result of your marriage.

Only people 40 years or older should max out their retirement contributions at work.

Women live, on average, 6 years longer than men.

Why are stocks risky, but not as risky as not investing in them?

According to your textbook, which is a typical financial event that recent graduates may face during their first decade out of college?

Discuss what is involved in Life Event 1: Getting started.

List the 10 'ingredients' in order to succeed financially.

Carrying debt today is limiting your financial options in the future.

Which of the following statistics concerning women are NOT true?

According to your text, which of the following is true regarding employment in today's world?

The Financial Planning Process

Measuring Your Financial Health and Making a Plan

Understanding and Appreciating the Time Value of Money

Tax Planning and Strategies

Cash or Liquid Asset Management

Using Credit Cards: The Role of Open Credit

Using Consumer Loans: The Role of Planned Borrowing

The Home and Automobile Decision

Life and Health Insurance

Property and Liability Insurance

Investment Basics

Securities Markets

Investing in Stocks

Investing in Bonds and Other Alternatives

Mutual Funds: An Easy Way to Diversify

Retirement Planning

Estate Planning: Saving Your Heirs Money and Headaches

Filters

Exam 18: Financial Life Events Fitting the Pieces Together

A budget is essential for a recent college graduate with no dependents.

Estate planning is much less important for married people than for single people.

How can someone plan for a divorce?

Why is it more challenging for women to become financially security?

Living below your means leads to a harsh, barren lifestyle with little or no pleasure in life.

It is a good idea to pay all your bills first and then determine how much to save with what is left over.

Tracking your spending for a month or so will help you plan savings.

As a percentage, there are more elderly men living below the poverty line today than there are elderly women living below the poverty line.

According to your text, is it recommended that couples have a joint credit card or not?

Which of the following is one of the "keys to financial success" as outlined in Chapter 18 of your textbook?

Your tax status and the tax-advantaged benefits and opportunities afforded you by your employer may change as a result of your marriage.

Only people 40 years or older should max out their retirement contributions at work.

Women live, on average, 6 years longer than men.

Why are stocks risky, but not as risky as not investing in them?

According to your textbook, which is a typical financial event that recent graduates may face during their first decade out of college?

Discuss what is involved in Life Event 1: Getting started.

List the 10 'ingredients' in order to succeed financially.

Carrying debt today is limiting your financial options in the future.

Which of the following statistics concerning women are NOT true?

According to your text, which of the following is true regarding employment in today's world?

The Financial Planning Process

Measuring Your Financial Health and Making a Plan

Understanding and Appreciating the Time Value of Money

Tax Planning and Strategies

Cash or Liquid Asset Management

Using Credit Cards: The Role of Open Credit

Using Consumer Loans: The Role of Planned Borrowing

The Home and Automobile Decision

Life and Health Insurance

Property and Liability Insurance

Investment Basics

Securities Markets

Investing in Stocks

Investing in Bonds and Other Alternatives

Mutual Funds: An Easy Way to Diversify

Retirement Planning

Estate Planning: Saving Your Heirs Money and Headaches

Filters