Questions from Personal Finance

Q: Explain why setting financial goals is an important step in budgeting.

Explain why setting financial goals is an important step in budgeting.

Q: What are budget estimates? Offer some suggestions on how to go

What are budget estimates? Offer some suggestions on how to go about making budget estimates for various types of expenses.

Q: How might one go about revising budget estimates to create a balanced

How might one go about revising budget estimates to create a balanced budget?

Q: Explain what a cash-flow calendar accomplishes. Name three techniques

Explain what a cash-flow calendar accomplishes. Name three techniques to control spending.

Q: Explain why it is difficult for many people in relationships to talk

Explain why it is difficult for many people in relationships to talk about money matters.

Q: Identify three ways you might more effectively communicate about money matters.

Identify three ways you might more effectively communicate about money matters.

Q: How does a professional financial planner differ from a local lawyer or

How does a professional financial planner differ from a local lawyer or insurance person in your community?

Q: In January, Harry and Belinda Johnson had $10,660

In January, Harry and Belinda Johnson had $10,660 in monetary assets (see page 109): $1,100 in cash on hand; $1,200 in a statement savings account at First Credit Union earning 1.0 percent interest; $...

Q: What are the four different ways financial planners may be compensated?

What are the four different ways financial planners may be compensated?

Q: Describe two professional certification programs for financial planners.

Describe two professional certification programs for financial planners.