Question 1

One of the first things a newly married couple should do is update their financial records and consider making each other the beneficiary on their financial accounts.

Accepted Answer

A) True 
 B)False

Question 2

Part of life event number 1,getting started,is laying the groundwork for your financial goals.Which of the following is part of laying the groundwork?

Accepted Answer

A)  Establishing a budget
B)  Checking your credit score
C)  Establishing an emergency fund
D)  All of the above are correct.
E)  Only A and B are correct.

Question 3

If you have good financial goals then you really don't need a financial plan.

Accepted Answer

A) True 
 B)False

Question 4

Why is it important for someone twenty five years old to start planning for retirement?

Accepted Answer

When you are young your best friend is t...

Question 5

What is the importance of understanding the financial life cycle?

Accepted Answer

A)  It allows you to be proactive in financial planning to prepare for your changing needs.
B)  It allows you to take advantage of the time-value-of-money.
C)  It helps you in achieving your long-term financial goals.
D)  All of the above are correct.
E)  Only A and C are correct.

Exam 17: Financial Life Eventsfitting the Pieces Together

Why is it important for someone twenty five years old to start planning for retirement?

Correct Answer
verified
When you are young your best friend is t...
View Answer

Part of life event number 1,getting started,is laying the groundwork for your financial goals.Which of the following is part of laying the groundwork?

Correct Answer
verified

What is the importance of understanding the financial life cycle?

Correct Answer
verified

If you have good financial goals then you really don't need a financial plan.

Correct Answer
verified

One of the first things a newly married couple should do is update their financial records and consider making each other the beneficiary on their financial accounts.

Correct Answer
verified

Exam 17: Financial Life Eventsfitting the Pieces Together

Why is it important for someone twenty five years old to start planning for retirement?

Correct AnswerverifiedWhen you are young your best friend is t...View AnswerShow Answer

Part of life event number 1,getting started,is laying the groundwork for your financial goals.Which of the following is part of laying the groundwork?

Correct AnswerverifiedShow Answer

What is the importance of understanding the financial life cycle?

Correct AnswerverifiedShow Answer

If you have good financial goals then you really don't need a financial plan.

Correct AnswerverifiedShow Answer

One of the first things a newly married couple should do is update their financial records and consider making each other the beneficiary on their financial accounts.

Correct AnswerverifiedShow Answer

Correct Answer
verified
When you are young your best friend is t...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified