© 2012 Regents of the University of Minnesota. All rights reserved.
Dec 26, 2015
© 2012 Regents of the University of Minnesota. All rights reserved.
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5 10DecisionMaking Process
Financial Planning Process
SMARTGoals
Do You Know?
#1
What isThat?
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Team OneTeam One
Team TwoTeam Two
Team ThreeTeam Three
Team FourTeam Four
Team FiveTeam Five
Team SixTeam Six
Decision Making ProcessQuestion for 5 Points
What is the first step in the
Decision Making Process?
Show Answer
Decision Making ProcessAnswer for 5 Points
Identify your goal.
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Decision Making ProcessQuestion for 10 Points
What is the second step in the
Decision Making Process?
Show Answer
Decision Making ProcessAnswer for 10 Points
Establish your criteria.
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Decision Making ProcessQuestion for 15 Points
What is the third step in the
Decision Making Process?
Show Answer
Decision Making Process Answer for 15 Points
Examine your options.
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Decision Making ProcessQuestion for 20 Points
What is the fourth step in the
Decision Making Process?
Show Answer
Decision Making ProcessAnswer for 20 Points
Weigh the pros and cons.
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Decision Making ProcessQuestion for 25 Points
What are the fifth and sixth steps in
the Decision Making Process?
Show Answer
Decision Making ProcessAnswer for 25 Points
Make your decisionand
evaluate results.
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Financial PlanningQuestion for 5 Points
What is the first step of the
Financial Planning Process?
Show Answer
Financial PlanningAnswer for 5 Points
Set SMART Goals.
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Financial PlanningQuestion for 10 Points
What is the second step of the
Financial Planning Process?
Show Answer
Financial PlanningAnswer for 10 Points
Analyze information.
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Financial PlanningQuestion for 15 Points
What is the third step of the
Financial Planning Process?
Show Answer
Financial PlanningAnswer for 15 Points
Create a plan.
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Financial PlanningQuestion for 20 Points
What is the fourth step of the
Financial Planning Process?
Show Answer
Financial PlanningAnswer for 20 Points
Implement the plan.
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Financial PlanningQuestion for 25 Points
What is the fifth step of the
Financial Planning Process?
Show Answer
Financial PlanningAnswer for 25 Points
Monitor and modify the plan.
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SMART GoalsQuestion for 5 Points
What does the ‘S’ in ‘SMART Goals’
stand for?Show Answer
SMART GoalsAnswer for 5 Points
Specific.
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SMART GoalsQuestion for 10 Points
What does the ‘M’ in ‘SMART Goals’
stand for?Show Answer
SMART GoalsAnswer for 10 Points
Measurable.
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SMART GoalsQuestion for 15 Points
What does the ‘A’ in ‘SMART Goals’
stand for?Show Answer
SMART GoalsAnswer for 15 Points
Attainable.
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SMART GoalsQuestion for 20 Points
What does the ‘R’ in ‘SMART Goals’
stand for?Show Answer
SMART GoalsAnswer for 20 Points
Realistic.
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SMART GoalsQuestion for 25 Points
What does the ‘T’ in ‘SMART Goals’
stand for?Show Answer
SMART GoalsAnswer for 25 Points
Time bound.
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Do You Know?Question for 5 Points
What is a statement of something a person
wants or needs to do? Show Answer
Do You Know?Answer for 5 Points
A goal.
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Do You Know?Question for 10 Points
What is the process of setting goals, developing a plan to achieve them, and
putting the plan into action?
Show Answer
Do You Know?Answer for 10 Points
A financial plan.
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Do You Know?Question for 15 Points
What are goals that will be achieved between
three months to a year?
Show Answer
Do You Know?Answer for 15 Points
An intermediate-term
goal.Back to Board
Do You Know?Question for 20 Points
What are the things that make life more interesting & fun, but you could live
without them if you had to?
Show Answer
Do You Know?Answer for 20 Points
A want.
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Do You Know?Question for 25 Points
What is it called when you give up something you want now to get
something even better in the future? Show Answer
Do You Know?Answer for 25 Points
Delayed gratification.
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What is That?Question for 5 Points
What are the basic things
we must have to survive?
Show Answer
What is That?Answer for 5 Points
A need.
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What is That?Question for 10 Points
Often a major decision leads to several smaller
ones of these. Show Answer
What is That?Answer for 10 Points
Satellite decisions.
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What is That?Question for 15 Points
What are the beliefs and practices in your
life that are very important to you?
Show Answer
What is That?Answer for 15 Points
Values.
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What is That?Question for 20 Points
What type of goal will take you more than a
year to achieve?Show Answer
What is That?Answer for 20 Points
A long-term goal.
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What is That?Question for 25 Points
What is the value of what is given up when you choose one option
over another?Show Answer
What is That?Answer for 25 Points
Opportunity cost.
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Show Question
“Big Points”Question
What measures the money you receive and the money you spend?
Show Answer
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Big Points Answer
A cash flow.
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Big Board Facts© 2010 Jeff Ertzberger
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