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Money review 4th grade

Fundamental Principles of Money REVIEW 2020-21

Money Management Review

Day 2 Money Class Review

Money and menu review

Unit 5: Money and Banking Review

Write 5 multiple choice questions for the following transcript ...Setting goals and budgeting. [tranquil music] Getting where you want to be involves three important skills. Setting realistic goals, knowing your net worth, and budgeting. [energetic music] Setting goals is a way to get control of your life. A goal is not the same as a dream. It's not pie in the sky stuff. It's something that's achievable and it comes with a time frame. If you have a big goal, like buying a house in five years' time, you might need a plan that involves a whole series of mini goals to get you there in stages. The important is finding something you know you can do. Most people find longterm goals hard to stick to. Don't worry about it. If 10 years seems too far away, set your horizons a little closer. Give yourself a set sum of money to save in the next few years. You can use it as a springboard to get to your next goal and it'll get you in the savings habit. Changes in your life circumstances may also affect your goal, so use this opportunity to review them. Think about your financial goals when you have some quiet time. It may sound a little obsessive, but write down what they are and how you're going to achieve them. Be specific, be realistic, and always, always keep your goals within reach. Achieving a goal is a great excuse to celebrate, so don't forget to reward yourself for your achievement. [energetic music] Imagine if tomorrow you had to sell everything you own and pay off everything you owe the bank or anyone else, would you be left with much? Would you be left with anything? That figure is called your net worth. It's a measure of your actual financial wealth and growing it over time is what getting sorted is all about. Use Sorted's net work calculator to find out where you're at. Decide what you want your net worth to be in a year's time. Think about your cash and other assets and work out how you might get there. Monitoring and growing your net worth over time is the thing that will eventually get you to retirement in good shape. [energetic music] Budgeting is another one of those, I can't believe I didn't do something so basic, type of things. Do a budget. Stick to it and you're in control. There are two approaches to budgeting. The first is what we call cold turkey. Each time you get paid, you work out what you need to pay for all your essentials. Use Sorted's budget calculator to do this. You then take the rest and put it straight into savings. Going cold turkey on all those other things that you usually throw your money away on. Be realistic with your savings. Don't be too hard on yourself as it could take time for you to get into the saving habit. But if you remove the temptation to spend, you'll improve your financial position each month. If that seems a bit rigorous, try the alternative nip and tick approach. Do a budget using Sorted's budget calculator and then take a hard look at where your money's going. We're prepared to bet there's a nip here and a tuck there that will result in savings and every month you save, you increase your net worth. So go to it. ChatGPT What are the three important skills needed to achieve your financial goals? A) Budgeting, investing, and saving B) Setting realistic goals, knowing your net worth, and budgeting C) Planning, tracking, and monitoring How can you make a big goal more achievable? A) By dreaming about it often B) By breaking it down into a series of mini goals C) By setting a longer time frame What is net worth? A) The amount of money you have in savings B) The value of everything you own minus what you owe C) The amount of money you earn each year What are the two approaches to budgeting mentioned in the transcript? A) Cold turkey and warm turkey B) Nip and tuck and cold turkey C) Nip and tick and warm turkey How can you increase your net worth every month? A) By dreaming about your financial goals B) By sticking to a budget and removing the temptation to spend C) By investing in high-risk stocks

Reasons why do teenagers are beginning to smoke a. Teenagers do it, due to peer pressure. b. They follow the example of adults who smoke. c. They are responsive to attractive cigarette advertisements. d. They are tempted to satisfy their curiosity. e. To look like their adult counterpart. Smoking is said to be the leading cause of lung cancer and chronic lung diseases. There are many different chemicals and substances in tobacco smoke that injure the cardiovascular system, hence the development of heart attacks. There are no perfect plans or technique for quitting smoking. However you can follow the succeeding approaches. a. commit yourself to quit smoking b. set a date to put a stop to smoking c. list the reasons why you want to stop smoking. d. review periodically all the harmful effects that smoking does to your body. e. involve other people, like your families, friends why you would want to stop smoking and ask for their support. f. change your routine, before the urge to smoke strikes, start activities that make smoking physically difficult to perform. Now, let’s compare the smokers for non-smokers: Home Economics and Livelihood Education 7 Seibo College 59 Body of smokers Vs. Body of non-smokers Smokers Non-Smokers Restless Wiser and positive thinker Have more facial wrinkles Smoother complexion Prone to absenteeism and tardiness More active and energetic Money is wasted due to costly cigarettes Money is spent wisely Lack of self-confidence, insecure Confident of himself Prone to cardiovascular diseases Healthier and feel better Dull sense of taste Sharper sense of taste Now, you can focus on the many benefits of putting a stop to smoking.  Your senses of smell and taste can improve.  You can breath easier.  Your smoker’s cough will become to disappear.  You will notice an improvement in your stamina.  Your risk of heart attack will begin to decrease and other related diseases. Home Economics and Livelihood Education 7 Seibo College 60 If you have any questions,

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