Recall Flashcards

1
Q

Divergent Thinking

A

Divergent thinking is the process of generating multiple, creative ideas and possibilities.

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2
Q

Convergent Thinking

A

Convergent thinking is like solving a math problem.

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2
Q

Convergent Thinking

A

Convergent thinking is the process of finding a single, optimal solution to a problem.

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3
Q

Divergent Thinking

A

Divergent thinking is like brainstorming.

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4
Q

Convergent Thinking

A

Convergent thinking is focused and logical.

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5
Q

Divergent Thinking

A

Divergent thinking is flexible and exploratory

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6
Q

Why is Personal Financial Literacy important?

A

It provides information on how to
design financial goals and to
develop plans and strategies.

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6
Q

Why is Personal Financial Literacy important?

A

It develops knowledge and
understanding on the importance of
managing your asset, making it
grow, and achieve financial
freedom.

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7
Q

Why is Personal Financial Literacy important?

A

It teaches you how to make
money grow by making money work
for you and not you working for the
money.

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8
Q

Income

A

The money that goes in.

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9
Q

Expense

A

The money that goes out.

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10
Q

Passive Income Entrepreneurship

A

Money at work

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11
Q

Active income Employment

A

Man at work

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