Nerd
A person who is picky about budgeting and details
Accountability
The quality or state of being responsible, liable or answerable
Time Poverty
A situation in which a person is lacking time, which leads to stress
Free Spirit
A person who thinks that everything will work out fine and typically hates to deal with the details
Value System
A person's priorities, beliefs and standards that affect how he or she views the world
T or F; Communicating about financial issues and goals in a relationship can reduce conflict
True
T or F; When it comes to managing money, your personality and values have no importance
False
Which of the following present challenges to managing money as a single adult?
-Time Poverty
-Being accountable to no one
-Impulse buys
All of the Above
When it comes to communicating with others about money, you should not..
Manipulate
When married couples do not share goals and values in how they manage money what occurs
Conflict, Divorce, Stress
how men deal with money
emergency fund is not sophisticated enough, negotiating, lose self esteem with money problems
how women deal with money
emergency fund is the most important key to the financial plan, hunting, fear with money problems
How does communication about important financial matters in households reduce conflict
everyone knows whats going on and everyone gets an input on decisions
How does having a budget reduce conflicts in relationships
You know where the money goes, decide on where you want to spend it, no discrepencies
Summarize challenges youll face managing money as a young adult
time poverty, impulse buying, no one relying on you
Summarize ways that you can overcome the challenges of a young single adult
budget, develop a accountability relationship