Question 49 2 pts Financial fragility is defined as: Having emergency savings Using credit cards for all spending The inability to handle a financial shock None of the above Question 50 2 pts Which is true about financial goals? Short-term goals have a time horizon of 1 year or shorter Long-term goals should use a conservative investment strategy Once you set a goal, there is no need to monitor it to make sure it's on track The shorter the time-horizon for your goal, the more conservative you should be Question 47 2 pts Which of the following does not influence financial well-being? Social and economic environment Knowledge and skills O O O O Stock market performance Available opportunities Question 48 2 pts How do you measure that you have achieved a financial goal? Your salary is over $100,000 per year You do not owe any debts You have the cash available for a financial need or want You have a financial plan