Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Personal Finance 1

Vocabulary Unit 1

TermDefinition
Need Goods or services that are reqired for survival
Opportunity Cost The value of the next best alternative that must be forgone as a result of a decision
Trade-off giving up one thing for another
Value A fundamental belief or practice about what is desirable, worthwhile and important to an individual
Want The desire for goods and services that can increase our quality of life but are not absolutely necessary for out survival
Goal Something a person intends to acquire, achieve, or accomplish in the future.
Financial Goals Specific objectives that are accomplished through financial planning
Short-term Goal A goal that will be attained in less than one year
Financial Planning Managing money continuously through life in order to reach your financial goals
Long-term Goal A goal that will be attained in more than one year
Specific Clearly defined end result
Measurable write exactly when you know the goal is met
Attainable Make a step-by-step plan, outlining how the goal can be reached.
Realistic For the goal to be pssible
Time Bound State when the goal must be reached
Created by: samantha.parks
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards