Question 1

Explain how some mental illnesses,such as being manic,can lead to loss of financial health.

Accepted Answer

People who have an uncontrolled mental illness may experience a loss of perspective about their finances.In the case of a person who is manic,he or she has an inflated self-esteem and this may lead to them deluding themselves as to how much money they actually have,so they overspend.Overspending leads to debt and poor financial health.

Question 2

Discuss three ways you can deal with stress resulting from your financial situation.

Accepted Answer

1.Do not hide from your personal financial stress.It doesn't go away unless you do something about it.
2.Be realistic and recognize that all stress cannot be completely eliminated.Examine your personal attitudes and behaviours towards your finances and realize that you can manage your response to the stress.
3.Try to recognize stress from financial overload early so you can minimize its harmful effects.

Question 3

Final exams are over and Alex is looking for a summer job to help him pay for school next year.However,since the economic downturn,he is finding it hard to find a job because _________.

Accepted Answer

A) he is looking for a relatively high-paying job 
B) he is competing with a lot of other people who have lost their jobs 
C) he is too qualified to do manual labour 
D) he can't fit work into his busy social calendar. 
A) he is looking for a relatively high-paying job 
B) he is competing with a lot of other people who have lost their jobs 
C) he is too qualified to do manual labour 
D) he can't fit work into his busy social calendar. B

Question 4

A discretionary purchase is one that __________.

Accepted Answer

A) is a necessity 
B) is frivolous 
C) you weight the pros and cons of making 
D) someone else makes on your behalf 
A) is a necessity 
B) is frivolous 
C) you weight the pros and cons of making 
D) someone else makes on your behalf

Question 5

After you record your spending for a month you should _____________.

Accepted Answer

A) Continue spending as you have been 
B) Reflect and excuse certain purchases because you really needed them 
C) Reflect and evaluate if you are spending your money in healthy ways 
D) Try to get your friends to purchase your next coffee for you 
A) Continue spending as you have been 
B) Reflect and excuse certain purchases because you really needed them 
C) Reflect and evaluate if you are spending your money in healthy ways 
D) Try to get your friends to purchase your next coffee for you

Question 6

The first step to developing a realistic budget is to ______________.

Accepted Answer

A) track your expenses for one month 
B) look for cheaper housing 
C) sell your car 
D) stop buying organic foods 
A) track your expenses for one month 
B) look for cheaper housing 
C) sell your car 
D) stop buying organic foods

Question 7

If you feel guilty about your discretionary purchases you may suffer from _____________.

Accepted Answer

A) a guilty conscience 
B) bipolar disorder 
C) gambling addiction 
D) a loss of control 
A) a guilty conscience 
B) bipolar disorder 
C) gambling addiction 
D) a loss of control

Question 8

Suki is an international student and,as such,is unable to work in Canada unless he gets a job on campus.His family supplied him with some spending money but it is quickly running out.Suki is starting to feel symptoms of ____________.

Accepted Answer

A) financial illness 
B) financial unrest 
C) extreme stress 
D) reflexive calm 
A) financial illness 
B) financial unrest 
C) extreme stress 
D) reflexive calm

Question 9

One definition of financial wellness states it is "a way in which to measure the overall financial aspect of an individual that includes the amount of assets they own and how much income ________"

Accepted Answer

A) they can save in the course of one year 
B) they must pay out to cover regular and other expenses 
C) they get deducted in income taxes 
D) is allocated to pay for their mortgage 
A) they can save in the course of one year 
B) they must pay out to cover regular and other expenses 
C) they get deducted in income taxes 
D) is allocated to pay for their mortgage

Question 10

Julie,who is on antipsychosis medication for her manic episodes,has been getting her finances under control.She is able to do this because she _________.

Accepted Answer

A) is on long-term disability 
B) is now able to work and earn money 
C) is no longer spending her money on frivolous items 
D) no longer has the misconception that her financial means are greater than they are 
A) is on long-term disability 
B) is now able to work and earn money 
C) is no longer spending her money on frivolous items 
D) no longer has the misconception that her financial means are greater than they are

Question 11

Lily just received her student loan.The first thing she should do is ___________.

Accepted Answer

A) buy herself a vehicle 
B) take her boyfriend out to a nice dinner 
C) put it in the bank and forget about it 
D) subtract the necessities from the full amount and then divide the extra over eight months 
A) buy herself a vehicle 
B) take her boyfriend out to a nice dinner 
C) put it in the bank and forget about it 
D) subtract the necessities from the full amount and then divide the extra over eight months

Question 12

Nearly __________ of students are concerned about their ability to pay for their education.

Accepted Answer

A) 56% 
B) 60% 
C) 66% 
D) 70% 
A) 56% 
B) 60% 
C) 66% 
D) 70%

Question 13

____________________ can lead to extensive stress in students that can negatively affect their physical and mental health.

Accepted Answer

A) Financial debt 
B) Poor grades 
C) Interpersonal issues 
D) Parental expectations 
A) Financial debt 
B) Poor grades 
C) Interpersonal issues 
D) Parental expectations

Question 14

What steps can you take to reduce your financial stress?

Accepted Answer

1.Develop a realistic budget.After track

Question 15

A(n)_________ personality is one that will seek the thing it is addicted to without regard for personal wellbeing or financial health.

Accepted Answer

A) approachable 
B) gregarious 
C) addictive 
D) outgoing 
A) approachable 
B) gregarious 
C) addictive 
D) outgoing

Question 16

In order to maintain your financial health,you need to know _____________.

Accepted Answer

A) the amount of money you have 
B) the amount of money you owe 
C) how much money your family will give you in case of emergency 
D) the amount of money you have vs the amount that you owe 
A) the amount of money you have 
B) the amount of money you owe 
C) how much money your family will give you in case of emergency 
D) the amount of money you have vs the amount that you owe

Question 17

Jolene enjoys her daily iced coffee from her local barista.The end of the semester is coming up and she is running out of student loan money yet she continues to purchase them.What type of personality does Jolene have?

Accepted Answer

A) outgoing 
B) introvert 
C) selfless 
D) addictive 
A) outgoing 
B) introvert 
C) selfless 
D) addictive

Question 18

When most people get a raise they end up ___________.

Accepted Answer

A) saving the extra money 
B) rewarding themselves 
C) donating the first paycheque 
D) investing the money 
A) saving the extra money 
B) rewarding themselves 
C) donating the first paycheque 
D) investing the money

Question 19

Your financial health will _________________ throughout your life.

Accepted Answer

A) remain stable 
B) decrease 
C) increase 
D) fluctuate 
A) remain stable 
B) decrease 
C) increase 
D) fluctuate

Question 20

If you owe money,it is important to _______________ to avoid extra charges.

Accepted Answer

A) make your payments on time 
B) avoid obtaining another credit card 
C) make your minimum payment 
D) obtain a loan to pay off debts 
A) make your payments on time 
B) avoid obtaining another credit card 
C) make your minimum payment 
D) obtain a loan to pay off debts

Exam 23: Focus on Financial Health

Explain how some mental illnesses,such as being manic,can lead to loss of financial health.

Discuss three ways you can deal with stress resulting from your financial situation.

Final exams are over and Alex is looking for a summer job to help him pay for school next year.However,since the economic downturn,he is finding it hard to find a job because _________.

A discretionary purchase is one that __________.

After you record your spending for a month you should _____________.

The first step to developing a realistic budget is to ______________.

If you feel guilty about your discretionary purchases you may suffer from _____________.

Suki is an international student and,as such,is unable to work in Canada unless he gets a job on campus.His family supplied him with some spending money but it is quickly running out.Suki is starting to feel symptoms of ____________.

One definition of financial wellness states it is "a way in which to measure the overall financial aspect of an individual that includes the amount of assets they own and how much income ________"

Julie,who is on antipsychosis medication for her manic episodes,has been getting her finances under control.She is able to do this because she _________.

Lily just received her student loan.The first thing she should do is ___________.

Nearly __________ of students are concerned about their ability to pay for their education.

____________________ can lead to extensive stress in students that can negatively affect their physical and mental health.

What steps can you take to reduce your financial stress?

A(n)_________ personality is one that will seek the thing it is addicted to without regard for personal wellbeing or financial health.

In order to maintain your financial health,you need to know _____________.

Jolene enjoys her daily iced coffee from her local barista.The end of the semester is coming up and she is running out of student loan money yet she continues to purchase them.What type of personality does Jolene have?

When most people get a raise they end up ___________.

Your financial health will _________________ throughout your life.

If you owe money,it is important to _______________ to avoid extra charges.

Discovering Your Personal Rhythm for Healthy Living

Promoting and P Reserving Your Psychosocial Health

Understanding and Copy With Lifes Stressors

A: Focus on Spiritual Health

Engaging in Physical Activity for Health, Fitness, and Performance

Eating for Optimal Health and Performance

Managing Your Weight: Finding a Healthy Balance

Focus on Body Image

Committing to Relationships and Sexual Health

Considering Your Reproductive Choices

A: Focus on Sexually Transmitted Infections Stis

Recognizing Use, Misuse, Abuse, and Addiction to Drugs and

Using Alcohol, Tobacco, and Caffeine Responsibly and Refraining From

Understanding Illicit Drugs

A: Focus on Improving Your Sleep

Reducing Risk for Cardiovascular Diseases and Cancer

Controlling Risk for Infectious and Non-Infectious Conditions

A: Focus on Diabetes

Choosing Healthy Living for the Environment

Preventing Violence, Abuse, and Injury

Becoming a Wise Consumer of Health Services

Preparing for Aging, Dying, and Death

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