Money personal finance
[DOC File]Personal Finance Literacy (Madura/Casey/Roberts)
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20) A personal cash flow statement is a summary of an individual's assets, liabilities, and net worth. 21) Net worth is the figure used to track an individual's overall wealth. 22) Any asset can be quickly and easily converted to cash.
[DOCX File]Award in Personal Finance - LIBF
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While the materials are taken from a previous qualification, they are all relevant to modern-day personal finance. There are several activities and questions for your students to work through. The answers to questions are at the end, so they can check their knowledge themselves.
[DOC File]BARTON COUNTY COMMUNITY COLLEGE
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Create a personal financial plan. Apply tax planning strategies. Identify and use financial statements and budgeting tools. Relate career planning to personal financial health. Explain the Time Value of Money. Create a career plan. Money/asset management. 1. Describe personal income tax liability and strategies. 2.
[DOC File]Chapter 1- Personal Financial Planning
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10. is the amount of money you would need to deposit now in order to have a desired amount in the future. Key Concepts: Answer the following questions. 1. Name two advantages of having a personal financial plan. 2. What role do values play in creating a personal financial plan? 3. Which type of investment would the liquidity risk be highest ...
[DOC File]Personal Finance Literacy (Madura/Casey/Roberts)
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6) Cash inflow refers to money received from income but not other sources. 7) Cash outflow refers to money that an individual spends. 8) Cash plays a central role in your financial plan. 9) Each stage of creating a financial plan involves asking yourself challenging questions and making challenging decisions.
[DOC File]Concept 1: Foundations of Economics
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Describe how interest is an incentive to saving money. Concept 5: Personal Finance. Decision making skills foster a person’s individual standard of living. Using information wisely leads to better informed decisions as consumers, workers, investors and effective participants in society.
[DOCX File]Personal Financial Literacy in the Massachusetts ...
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Explain the relationship between principal (the initial amount of money deposited in a bank by a person), interest (the amount earned from a bank, usually annually), and compound interest (interest earned on the principal and the interest already earned). ... Including Online Content, that Relates to Personal Finance Matters; 2018 History and ...
[DOC File]Missouri Personal Finance Competencies/Graduate Goals for ...
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Money Management (MM) Explain how limited personal financial resources affect the choices people make. Identify the opportunity costs of financial decisions. Evaluate the consequences of personal financial decisions. Apply a decision-making process to personal financial choices. Summarize how inflation affects spending and saving decisions.
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