Personal Finance Quiz #1
What is the second step to the Financial Planning Process?
Analyze information
What is the third step to the Decision-Making Process?
Choose two-three options
What is the third step to the Financial Planning Process?
Create a plan
What is the fifth step to the Decision-Making Process?
Decide
What is the first step to the Decision-Making Process?
Define your goal
What are the words to remember for the Decision-Making Process?
Define, Establish, Choose, Identify, Decide, Evaluate
What is the second step to the Decision-Making Process?
Establish your criteria
What is the sixth step to the Decision-Making Process?
Evaluate results
What is the fourth step to the Decision-Making Process?
Identify pros and cons
What is the fourth step to the Financial Planning Process?
Implement the plan
What is a good way to remember the Decision-Making Process?
It Spells DECIDE going down
What is the best way to remember the steps to the Financial Planning Process?
It spells SACIM going down the list
What is the fifth step to the Financial Planning Process?
Monitor and Modify the plan
What is the first Step to the Financial Planning Process?
Set SMART Goals
What are the words to remember for the Financial Planning Process?
Set, Analyze, Create, Implement, Monitor and Modify