Ima Safer,who Recently Graduated from College and Got a Full

question 147

Multiple Choice

Ima Safer,who recently graduated from college and got a full time job,has prepared her first personal budget and found a pleasant surprise.After taking into account her expected monthly income and all of her ordinary expenses,including the monthly payment on her credit card,she should have some money left over.If Ima is like most young people who are just starting out,the best thing for her to do with the extra money would be to:

• A)use it to open her own business.
• B)pay off any charges against her credit card account or other high interest debts.
• C)use it to make a down payment on a house.
• D)put it into a savings account that earns a guaranteed rate of return.

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Definitions:

Visualize Professor Teaching

The mental process of creating a picture or imagining an instructor engaging in the act of imparting knowledge to students.

Self-efficacy

An individual's belief in their capability to execute behaviors necessary to produce specific performance attainments, influencing their motivation and actions.

Self-concept

An individual's comprehensive perception of themselves, including beliefs about one's traits, qualities, and capabilities.

Actual Abilities

The real skills, talents, and competencies that an individual genuinely possesses as opposed to perceived abilities.