H.67 Sources of money conflict Flashcards
Learners will be able to identify and differentiate between various sources of money conflict to effectively manage financial disputes.
John and Sarah, a married couple, are discussing their financial goals. John wants to invest in high-risk stocks to potentially maximize returns, while Sarah prefers to prioritize safety and stability by investing in bonds and mutual funds. They are unable to reach a consensus, leading to frequent arguments and tension in their relationship. Which of the following best describes this situation?
A. Asset Allocation Conflict
B. Diversification Dispute
C. Investment Allocation Disagreement
D. Portfolio Segmentation Struggle
C. Investment Allocation Disagreement
H.67 Sources of money conflict
Which of the following is an example of a structural source of money conflict?
A. Different spending habits
B. One partner earning significantly more than the other
C. Disagreement over financial goals
D. Different attitudes towards money
B. One partner earning significantly more than the other
H.67 Sources of money conflict
Which of the following is a common behavioral source of money conflict?
A. Inheritance
B. Job loss
C. Impulse buying
D. Medical expenses
C. Impulse buying
H.67 Sources of money conflict
Which of the following is NOT a common emotional source of money conflict?
A. Fear
B. Anger
C. Envy
D. Confusion
D. Confusion
H.67 Sources of money conflict
What is an example of a situational source of money conflict?
A. One partner being a saver and the other being a spender
B. One partner losing their job
C. Disagreement over financial goals
D. Disagreement over how to allocate resources
B. One partner losing their job
H.67 Sources of money conflict
Sarah and Michael have been married for five years. Sarah comes from a wealthy family and has never had to worry about money. Michael grew up in a lower-income household and has had to work hard to make ends meet. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
A. Structural
H.67 Sources of money conflict
John and Maria are newlyweds who have different spending habits. John is a saver and prefers to budget his money, while Maria enjoys spending and often makes impulse purchases. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
B. Behavioral
H.67 Sources of money conflict
Tom and Jessica are a married couple with three children. Tom recently lost his job and is struggling to find employment. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
D. Situational
H.67 Sources of money conflict
Mark and Rachel are engaged and have different financial goals. Mark wants to save up for a down payment on a house, while Rachel wants to travel the world. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
C. Emotional
H.67 Sources of money conflict
Jason and Lisa are a married couple who have different attitudes towards debt. Jason believes in paying off debt as soon as possible, while Lisa is more comfortable carrying debt and paying it off over time. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
B. Behavioral
H.67 Sources of money conflict
Sarah and David are a married couple with two children. Sarah inherited a large sum of money from her grandmother and wants to use it to pay off their mortgage. David is hesitant and wants to invest the money in the stock market. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
C. Emotional
H.67 Sources of money conflict
Alex and Jane are engaged and have different spending habits. Alex enjoys spending money on hobbies and entertainment, while Jane prefers to save her money for big purchases. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
B. Behavioral
H.67 Sources of money conflict
Tom and Sarah have been married for ten years and have always split their expenses evenly. Tom recently got a job promotion and is now earning significantly more than Sarah. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
A. Structural
H.67 Sources of money conflict
John and Karen are a married couple with one child. Karen has significant student loan debt and wants to prioritize paying it off, while John wants to save for retirement. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
C. Emotional
H.67 Sources of money conflict
Brian and Maria are a married couple with different attitudes towards money. Brian is a risk-taker and enjoys investing in the stock market, while Maria prefers to keep her money in a savings account. What type of source of money conflict might arise in their relationship?
A. Structural
B. Behavioral
C. Emotional
D. Situational
B. Behavioral
H.67 Sources of money conflict