Section 1: Introduction to Personal Finance

1: What is the purpose of setting financial goals?

2: What does SMART stand for in the context of setting financial goals?

3: Which of the following is a SMART financial goal?

4: Why is it important to make your financial goals specific?

5: Which of these activities is a part of managing personal finances?

6: What is the benefit of setting achievable financial goals?

7: Which of the following is NOT a component of managing personal finances?

8: What should you consider when setting a realistic financial goal?

9: Which of the following is an example of a short-term financial goal?