Study sets matching "financial planning family"

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Study sets matching "financial planning family"

Personal and Family Financial Planning
Give a passage of scripture where bibl…
Ask to defend "how much money is manag…
Know the 3 areas of a person's life th…
Explain the bible's view of being in d…
1 Timothy 6:17
How money is managed makes more difference in financial posit…
Quality of Marriage, Health, and Job Performance
Psalm 37:21, Deuteronomy 23:19-20, Romans 13:8
Give a passage of scripture where bibl…
1 Timothy 6:17
Ask to defend "how much money is manag…
How money is managed makes more difference in financial posit…
17 terms
Financial Planning
Revenue
Expenses
Budget
Start-up Budget
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
plans income and expenses from the beginning of a new busines…
Revenue
all income that a business receives over a period of time
Expenses
costs of operating a business
Family Financial Planning Exam 1
Financial Literacy
Types of Financial Careers
Financial Responsibility
Financial Success
knowledge of facts, concepts, principles, and technological t…
Cash/credit management, risk management, tax planning, invest…
you are accountable for your future financial well-being and…
achievement of financial aspirations that are desired, planne…
Financial Literacy
knowledge of facts, concepts, principles, and technological t…
Types of Financial Careers
Cash/credit management, risk management, tax planning, invest…
Family Financial planning exam 1
Financial literacy
Personal finance
Financial responsibility
Financial Success
Is the knowledge of Facts ,Concepts ,Principles ,Technologica…
is the study of personal and family resources important for a…
You are accountable for your future financial well-being and…
achievement of financial aspirations.
Financial literacy
Is the knowledge of Facts ,Concepts ,Principles ,Technologica…
Personal finance
is the study of personal and family resources important for a…
Family Financial planning exam 2
Credit
Bankruptcy can remain on one's credit…
The process of opening a credit account
APR
is any arrangement in which goods,... services or money is recei…
10 years
1. You can apply for credit.... • Complete a Credit Application…
Annual... Percentage Rate
Credit
is any arrangement in which goods,... services or money is recei…
Bankruptcy can remain on one's credit…
10 years
personal and family financial planning final
5 principles bible teaches about manag…
defend that how money is managed means…
3 areas of someone's life financial st…
how saving/borrowing money affects pre…
...
...
quality of marriage... health... job performance
Borrowing lowers the future standard of living by more than i…
5 principles bible teaches about manag…
...
defend that how money is managed means…
...
personal and family financial planning test 3
passage for earning money wrong way
difference in tax evasion and tax avoi…
difference in tax credit and tax deduc…
e-signature
Proverbs 11:1
Tax Evasion - Failure to pay taxes legally owed... Tax Avoidance…
Tax Credit - Subtracted from amount of tax owed resulting in…
Personalized electronic codes that carry the same legal weigh…
passage for earning money wrong way
Proverbs 11:1
difference in tax evasion and tax avoi…
Tax Evasion - Failure to pay taxes legally owed... Tax Avoidance…
Personal&Family Financial Planning Test 1
Scripture for money not an appropriate…
Defend statement that financial positi…
Know 3 areas of a person's life that i…
Why is it important for financial goal…
I Timothy 6:17... Proverbs 22:2
...
quality of marriage... health... job performance
...
Scripture for money not an appropriate…
I Timothy 6:17... Proverbs 22:2
Defend statement that financial positi…
...
personal & family financial planning test 2
II Corinthian's 8: 19-21... explain impli…
3 10's and 70... implications of not allo…
3 variables in time value of money and…
what is diversification
it takes a great deal of trust to be entrusted with others' m…
if you do not plan ahead on how money will be used then it wi…
size of deposit, rate of return, and length of time, deposit…
investing in a variety of things, best method to reduce risk…
II Corinthian's 8: 19-21... explain impli…
it takes a great deal of trust to be entrusted with others' m…
3 10's and 70... implications of not allo…
if you do not plan ahead on how money will be used then it wi…
personal and family financial planning test 4
passage for contentment not being base…
purpose of insurance
how does insurance work
difference in term life insurance and…
Ecclesiastes 4:8
to protect against risk that individual cannot afford to retain
A contract whereby an individual substitutes a small certain…
Term life insurance provides insurance protection only; great…
passage for contentment not being base…
Ecclesiastes 4:8
purpose of insurance
to protect against risk that individual cannot afford to retain
5 terms
Financial Planning
Gross Domestic Product
Inflation
Consumer Price Index (CPI)
Standard of Living
The total of all goods and services produced in a country.
A state of the economy in which the general price level is in…
A measure of inflation based on changes in the cost of consum…
The necessities, comforts, and luxuries enjoyed or desired by…
Gross Domestic Product
The total of all goods and services produced in a country.
Inflation
A state of the economy in which the general price level is in…
16 terms
Personal & Family Financial Planning 2-03
brokerage
stub
legislation
scary
[ˋbrokərɪdʒ]... n.... 佣金,經紀費
[stʌb]... n.... 存根,票根
[͵lɛdʒɪsˋleʃən]... n.... 法律,法規
[ˋskɛrɪ]... adj.... 引起驚慌的
brokerage
[ˋbrokərɪdʒ]... n.... 佣金,經紀費
stub
[stʌb]... n.... 存根,票根
11 terms
Personal & Family Financial Planning 6-04
diversification
speculative
prudent
idiosyncratic
[daɪ͵vɝsəfəˋkeʃən]... n.... 多樣化,經營多樣化
[ˋspɛkjə͵letɪv]... adj.... 思索的,推測的... 冒險性的,不確定的
[ˋprudnt]... adj.... 審慎的,小心的
[͵ɪdɪəsɪŋˋkrætɪk]... adj.... 有氣質的,有特性的
diversification
[daɪ͵vɝsəfəˋkeʃən]... n.... 多樣化,經營多樣化
speculative
[ˋspɛkjə͵letɪv]... adj.... 思索的,推測的... 冒險性的,不確定的
25 terms
Personal & Family Financial Planning 1-03
annuity
recurring
shed
synonymous
[əˋnjuətɪ]... n.... 年金
[rɪˋkɝɪŋ]... adj.... 再發的,循環的
[ʃɛd]... v.... 流出,流... 散發,放射
[sɪˋnɑnəməs]... adj.... 同義的,同義詞性質的
annuity
[əˋnjuətɪ]... n.... 年金
recurring
[rɪˋkɝɪŋ]... adj.... 再發的,循環的
33 terms
Personal & Family Financial Planning 4-02
burden
installment
revolving
pro
[ˋbɝdn]... n.... 重負,重擔,負擔,沉重的責任
[ɪnˋstɔlmənt]... n.... 分期付款,分期交付
[rɪˋvɑlvɪŋ]... adj.... 旋轉的,輪轉式的... 循環的
[pro]... n.... 贊成的論點
burden
[ˋbɝdn]... n.... 重負,重擔,負擔,沉重的責任
installment
[ɪnˋstɔlmənt]... n.... 分期付款,分期交付
58 terms
Personal & Family Financial Planning 5-02
dying
bluntly
pursue
deductible
[ˋdaɪɪŋ]... n.... 死,結束
[ˈblʌntli]... adj.... 直言不諱地
[pɚˋsu]... v.... 追趕,追蹤,追捕... 進行,從事,繼續
[dɪˋdʌktəb!]... n.... (保險)扣除條款
dying
[ˋdaɪɪŋ]... n.... 死,結束
bluntly
[ˈblʌntli]... adj.... 直言不諱地
30 terms
Personal & Family Financial Planning 6-03
lender
bluntly
stride
genetic
[ˋlɛndɚ]... n.... 貸方,出借人
[ˋblʌntlɪ]... adv.... 直率地
[straɪd]... n.... 大步,闊步,步幅,步姿... 進展,進步
[dʒəˋnɛtɪk]... adj.... 起源的,發生的... 基因的,遺傳(學)的
lender
[ˋlɛndɚ]... n.... 貸方,出借人
bluntly
[ˋblʌntlɪ]... adv.... 直率地
52 terms
Personal & Family Financial Planning 2-02
wear
alleviate
ascertain
woe
[wɛr]... v.... 穿著,戴著,佩帶著,塗抹(香水,化妝品)... 穿破,磨損,磨出,沖刷,沖蝕... 使疲乏,使厭煩,使力竭
[əˋlivɪ͵et]... v.... 減輕,緩和
[͵æsɚˋten]... v.... 查明,確定,弄清
[wo]... n.... 悲哀,悲痛... 困難,災難,不幸
wear
[wɛr]... v.... 穿著,戴著,佩帶著,塗抹(香水,化妝品)... 穿破,磨損,磨出,沖刷,沖蝕... 使疲乏,使厭煩,使力竭
alleviate
[əˋlivɪ͵et]... v.... 減輕,緩和
59 terms
Personal & Family Financial Planning 1-02
household
engage
prudent
spear
[ˋhaʊs͵hold]... n.... 一家人,家眷,家庭,戶
[ɪnˋgedʒ]... v.... 吸引,佔用(時間,精力等)... 預訂(房間,座位等)... 使從事,使忙於
[ˋprudnt]... adj.... 審慎的,小心的... 精明的
[spɪr]... n.... 矛,魚叉
household
[ˋhaʊs͵hold]... n.... 一家人,家眷,家庭,戶
engage
[ɪnˋgedʒ]... v.... 吸引,佔用(時間,精力等)... 預訂(房間,座位等)... 使從事,使忙於
34 terms
Personal & Family Financial Planning 5-03
bluntly
incur
catastrophic
mitigate
[ˋblʌntlɪ]... adv.... 直率地
[ɪnˋkɝ]... v.... 招致,惹起,帶來,遭受
[͵kætəˋstrɑfɪk]... adj.... 災難的,激變的
[ˋmɪtə͵get]... v.... 使緩和,減輕
bluntly
[ˋblʌntlɪ]... adv.... 直率地
incur
[ɪnˋkɝ]... v.... 招致,惹起,帶來,遭受
34 terms
Personal & Family Financial Planning 3-02
phenomenon
ad nauseam
capital
appreciate
[fəˋnɑmə͵nɑn]... n.... 現象
令人作嘔地,討厭地,可笑地
[ˋkæpət!]... adj.... 資本的
[əˋpriʃɪ͵et]... v.... (土地,貨幣等)增值
phenomenon
[fəˋnɑmə͵nɑn]... n.... 現象
ad nauseam
令人作嘔地,討厭地,可笑地
7 terms
Personal & Family Financial Planning 6-02
eternity
paternity
hiccup
profound
[ɪˋtɝnətɪ]... n.... 永遠,永恆,不朽
[pəˋtɝnətɪ]... n.... 父權,父子關係,父親的義務
[ˈhɪkʌp]... n.... 打嗝... 小問題
[prəˋfaʊnd]... adj.... 深深的,深刻的,深切的,深度的
eternity
[ɪˋtɝnətɪ]... n.... 永遠,永恆,不朽
paternity
[pəˋtɝnətɪ]... n.... 父權,父子關係,父親的義務
17 terms
Financial Planning
Revenue
Expenses
Budget
Start-up Budget
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
plans income and expenses from the beginning of a new busines…
Revenue
all income that a business receives over a period of time
Expenses
costs of operating a business
Financial planning
financial planning
spending log
goods
services
an ongoing process that can take you from where you are finan…
a daily record of everything you spend money on and how much…
merchandise or possessions- tangible (can touch it)
an intangible economic good
financial planning
an ongoing process that can take you from where you are finan…
spending log
a daily record of everything you spend money on and how much…
financial planning
counteroffer
marker
competent parties
instruments
offer made in response to other
writer of check
legally able to enter contract
cash, evidence of ownership
counteroffer
offer made in response to other
marker
writer of check
Financial Planning
Personal Financial Planning
Goals
Opportunity Cost
Money Management
Spending, saving, and investing money to assure a certain kin…
Things to be accomplished
What you give up when you make one choice instead of another,…
A method of planning to get the most from one's money
Personal Financial Planning
Spending, saving, and investing money to assure a certain kin…
Goals
Things to be accomplished
14 terms
Personal & Family Financial Planning 2-04
military
armed
whoops
tenancy
[ˋmɪlə͵tɛrɪ]... n.... 軍人
[ɑrmd]... adj.... 武裝的,裝甲的
[hwups]... 哎呀!(表示驚訝、尷尬、抱歉等)
[ˋtɛnənsɪ]... n.... (土地的)租佃,(房屋的)租用,租賃
military
[ˋmɪlə͵tɛrɪ]... n.... 軍人
armed
[ɑrmd]... adj.... 武裝的,裝甲的
32 terms
Personal & Family Financial Planning 4-03
portrayal
rectify
lender
bureau
[porˋtreəl]... n.... 描繪,描寫,飾演
[ˋrɛktə͵faɪ]... v.... 矯正,改正
[ˋlɛndɚ]... n.... 貸方,出借人
[ˋbjʊro]... n.... 事務處,聯絡處,詢問處,社,分社
portrayal
[porˋtreəl]... n.... 描繪,描寫,飾演
rectify
[ˋrɛktə͵faɪ]... v.... 矯正,改正
20 terms
Personal & Family Financial Planning 7-02
municipal
winnow
hedge
offshore
[mjuˋnɪsəp!]... adj.... 市的,市政的,市立的,市辦的
[ˋwɪno]... v.... 精選,除去
[hɛdʒ]... n.... 樹籬,籬笆... (賭博等中的)兩面下注
[ˋɔfˋʃor]... adj.... 國外的,在國外而不受稅法限制的
municipal
[mjuˋnɪsəp!]... adj.... 市的,市政的,市立的,市辦的
winnow
[ˋwɪno]... v.... 精選,除去
Family Planning
Tubal Ligation
Vasectomy
Male Condom
Diaphragm
a surgical sterilization procedure in which the fallopian tub…
the surgical cutting and sealing off part of each vas deferen…
Physical barrier with a reservoir tip: protects against pregn…
Perscribed y doctor as the female will be fitted and measured…
Tubal Ligation
a surgical sterilization procedure in which the fallopian tub…
Vasectomy
the surgical cutting and sealing off part of each vas deferen…
68 terms
Financial Planning
risk vs reward
portfolio
diversification
mutual funds
the concept that the higher the risk in life, the greater the…
a collection of financial investments held by an individual o…
investing in various financial instruments in order to reduce…
pools of cash, bonds, and/or stocks; provides a means of dive…
risk vs reward
the concept that the higher the risk in life, the greater the…
portfolio
a collection of financial investments held by an individual o…
17 terms
Financial Planning
revenue
expenses
budget
start-up budget
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
plans income and expenses from the beginning of a new busines…
revenue
all income that a business receives over a period of time
expenses
costs of operating a business
17 terms
Financial Planning
Revenue
Expenses
Budget
Start
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
up budget-plans income and expenses from the beginning of a n…
Revenue
all income that a business receives over a period of time
Expenses
costs of operating a business
13 terms
Financial Planning
Financial literacy
Gross Pay
Fixed Expense
Needs
a body of financial knowledge
earnings before deductions
an amount that stays that must be paid each month(stays the s…
your necessities
Financial literacy
a body of financial knowledge
Gross Pay
earnings before deductions
Financial Planning
Real Estate Tax
Estate Tax
Income Tax
Capital Gains Taxes
Most Common Tax, varies from county to county and is based on…
May be due when an individual dies and passes on their wealth…
Occurs on a number of levels, federal, state, local FICA and…
Typically a 15% tax on long term gains from investments. Shor…
Real Estate Tax
Most Common Tax, varies from county to county and is based on…
Estate Tax
May be due when an individual dies and passes on their wealth…
29 terms
Financial Planning
Revenue
Expenses
Profit or Loss
Budget
income, especially when of a company or organization and of a…
the cost required for something; the money spent on something.
a financial statement that summarizes the revenues, costs and…
an estimate of income and expenditure for a set period of time.
Revenue
income, especially when of a company or organization and of a…
Expenses
the cost required for something; the money spent on something.
68 terms
Financial Planning
risk vs reward
portfolio
diversification
mutual funds
the concept that the higher the risk in life, the greater the…
a collection of financial investments held by an individual o…
investing in various financial instruments in order to reduce…
pools of cash, bonds, and/or stocks; provides a means of dive…
risk vs reward
the concept that the higher the risk in life, the greater the…
portfolio
a collection of financial investments held by an individual o…
16 terms
Financial Planning
Disposable Income
Financial Plan
Budget
Fixed Expenses
Money you have left to spend or save after taxes have been pa…
Set of Goals for spending, saving, and investing the money yo…
Spending and Saving plan based on your expected income and ex…
Costs you are obligated to pay at specific times, regardless…
Disposable Income
Money you have left to spend or save after taxes have been pa…
Financial Plan
Set of Goals for spending, saving, and investing the money yo…
10 terms
Financial planning
Financial planning
Categories of Planing
Benefits of having a plan
Steps to making a financial plan
A thinking process that help you achieve goals. Arranging to…
Goals, budget, insurance, loans, debt, credit cards
Financial security, less chance of going into debt you cant h…
1. Determine current financial situation... 2. Develop your fina…
Financial planning
A thinking process that help you achieve goals. Arranging to…
Categories of Planing
Goals, budget, insurance, loans, debt, credit cards
Financial Planning
dividend
return on investment (ROI)
simple interest
compounded interest
a payment made by a company to a stockholder
the amount of money you earn compared to the amount of money…
Interest earned only on the original principal amount invested
interest calculated based on the principal plus interest that…
dividend
a payment made by a company to a stockholder
return on investment (ROI)
the amount of money you earn compared to the amount of money…
12 terms
Financial Planning
Term Life Insurance
Whole Life insurance
Disability Insurance
Medicaid
Policy holder pays a premium for a specific amount of time.
Premium more at first and less later & acts as a savings fund
Covers a person because they can't do their job because of a…
Government program to provide health insurance for the needy…
Term Life Insurance
Policy holder pays a premium for a specific amount of time.
Whole Life insurance
Premium more at first and less later & acts as a savings fund
9 terms
Financial Planning
Net worth
Pensions
401k plans
Traditional Individual Retirement Acco…
Total assets minus total liability .
Pension plan is a retirement plan which is sponsored by an em…
An account that an employee uses to save for retirement .
An IRA is an individual retirement account.A traditional IRA…
Net worth
Total assets minus total liability .
Pensions
Pension plan is a retirement plan which is sponsored by an em…
49 terms
Financial Planning Test 1
Ask Price
Assets
Balance Sheet
Best efforts agreement
?
Items or property owned by a firm, household, or government a…
Financial Statement that enumerates (as of a point in time) w…
Contract with an investment banker for the sale of securities…
Ask Price
?
Assets
Items or property owned by a firm, household, or government a…
45 terms
Financial Planning Test 1
Ask Price
Assets
Balance sheet
Best Efforts Agreement
Prices quoted by marker makers at which they are willing to b…
Items or property owned by a firm, household, or government a…
Financial statement that enumerates (as of a point in time) w…
contract with an investment banker for the sale of securities…
Ask Price
Prices quoted by marker makers at which they are willing to b…
Assets
Items or property owned by a firm, household, or government a…
25 terms
Financial Planning
Paycheck
rent
needs
.25 x 1800
Which of these terms is an example of income?
Which of these is an example of a fixed expense?
When you are listing expenses in budgeting, list ________ fir…
If Sarah makes $1,800 a month and wants to spend 25% of her i…
Paycheck
Which of these terms is an example of income?
rent
Which of these is an example of a fixed expense?
15 terms
Family Planning
Abstinence
Intrauterine Device (IUD)
Cervical Cap
Sponge
Only method that is 100% effective
Device placed inside the uterus to prevent sperm from fertili…
Small latex thimble that must remain in place eight hours. In…
Inserted in the vagina. Acts as a barrier by stopping sperm t…
Abstinence
Only method that is 100% effective
Intrauterine Device (IUD)
Device placed inside the uterus to prevent sperm from fertili…
68 terms
Financial Planning Exam 1
balance sheet
assets
liabilities
equity
financial statement that enumerates (as of a point in time) w…
items or property owned by a firm, household or government an…
what an economic unit owes expressed in monetary terms
owners' investment in a firm; a firm books value or net worth
balance sheet
financial statement that enumerates (as of a point in time) w…
assets
items or property owned by a firm, household or government an…
63 terms
Financial Planning Exam 1
Ask Price
Assets
Balance Sheet
Best Efforts Agreements
The lowest prices a seller is willing to accept
Items owned or property owned by a firm, household, or govern…
Financial statement that list (as of point in time) what an e…
No guarantee of public sales of securities, risk is with comp…
Ask Price
The lowest prices a seller is willing to accept
Assets
Items owned or property owned by a firm, household, or govern…
44 terms
Financial Planning Vocabulary
Adjustable Rate Mortgage ... (ARM):
Auto Insurance:
Budget:
Cash Flow:
Mortgage that has fluctuating principal and ... interest payment…
A type of insurance used by vehicle ... owners to cover costs as…
A chart that documents how much money ... an individual earns an…
The relationship between income and expenses in a budget. For…
Adjustable Rate Mortgage ... (ARM):
Mortgage that has fluctuating principal and ... interest payment…
Auto Insurance:
A type of insurance used by vehicle ... owners to cover costs as…
100 terms
Financial Planning - Final Exam Review
What is a benefit of having a deductib…
The failure to take ordinary or reason…
The purchaser of an insurance policy
Buying an insurance policy is an examp…
When you file a claim you are not responsible for any damages.
Negligence
Policyholder
Shifting
What is a benefit of having a deductib…
When you file a claim you are not responsible for any damages.
The failure to take ordinary or reason…
Negligence
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