What Aspect of Financial Planning Might You Discuss with a Friend

question 13

Multiple Choice

What aspect of financial planning might you discuss with a friend who buys fancy coffee drinks twice a day,visits the mall at least once a week for recreational shopping,and prefers impulse buying to carefully researched purchasing?

• A)Just do it.
• B)Nothing happens without a plan.
• C)Mind games,financial personality,and your money
• D)Waste not,want not-smart spending matters.

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Definitions:

Market Price

The present price at which a good or service is available for purchase or sale in the market.

Growth Rate

The growth rate is a measure of the increase in size, number, value, or strength of a business, investment, population, or other measurable entity, usually expressed as a percentage over a specific period of time.

Stock Price

The current price at which a particular company's shares can be bought or sold on the stock market.

Stock Market Return

Stock market return is the gain or loss achieved on an investment in the stock market, expressed typically as a percentage of the investment's original value.