PF_Planning_Assessment.docx - Name Dhruval Patel Block\/Day 2A Personal Financial Planning Assessment Select any 3 boxes and answer the questions with

PF_Planning_Assessment.docx - Name Dhruval Patel Block/Day...

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Name: Dhruval Patel Block/Day: 2A- 2/22/21 Personal Financial Planning Assessment: Select any 3 boxes and answer the questions with details, connections and/or examples. Make sure you label the question number you are answering. Refer to the grading rubric too. 1. What are 4 out of the 8 strategies you can use to reach and achieve you financial goals? Explain each of the 4 you selected and give an example. 2. Name & explain one short-term goal, one intermediate goal, and one long-term goal relating to finances that people may have and why? How long is each goal of these goals? 3. Categorize the following goods as consumable, durable, or intangible. Define what consumable goods, durable goods, and intangible goods mean. Shampoo Leisure time Microwave oven College education Gas for your car Motorcycle Ice cream sundae 4. Jane is a high school student that has decided to donate half of what she earns to a charity that helps the homeless. She is saving the other half to buy a car. What are 3 of her opportunity costs of her decision? What is 1 risk involved in her

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