Chpater 9 Personal Finance

Question 1

The flow of money in a family represents … under which the family operates

Answer 1

Value system

Question 2

It’s boring not sophisticated enough

Answer 2

Men say

Question 3

It’s the most important key to our financial plan

Answer 3

Women

Question 4

They get good deals by negotiating….they want to win

Answer 4

Men

Question 5

They good deals by hunting.. they enjoy the process

Answer 5

Women

Question 6

They lose self esteem because money usually represent a scorecard to them

Answer 6

Men

Question 7

They face fear or even terror because money usually represent security

Answer 7

Women

Question 8

1 causes of divorce in America

Answer 8

Money fights

Question 9

When your agree on your value system you will reach?

Answer 9

Unity in your marriage

Question 10

The partner with the natural gift can prepare the..

Answer 10

Budget

Question 11

The decision making must be done by

Answer 11

Both of you

Question 12

Likes doing the budget because it’s give them control, they feel like they are taking care of loved ones

Answer 12

Nerd

Question 13

Feels controlled, not cared for, and can appear irresponsibility

Answer 13

Free spirit

Question 14

Can lead to poor money management

Answer 14

Time poverty and fatigue

Question 15

Impulse buying can be brought on by

Answer 15

Stress

Question 16

Gives the single person empowerment, self accountability and control

Answer 16

A written plan

Question 17

Teaching kids how to handle their money is not the schools job but

Answer 17

Parents

Question 18

Parents should pay commission not

Answer 18

Allowance

Question 19

If children are young use clear container to save…

Answer 19

Visual reinforcements is powerful

Question 20

Use three envelopes for ages 5x12

Answer 20

Spending,giving, saving

Question 21

13-15 open

Answer 21

A checking account