SECTION D: STATE WHETHER THE FOLLOWING STATEMENTS ARE TRUE OR FALSE

28. By saving and investing, an individual would be able to have a financially responsible life True/False

29. Budgeting answers expenditure and saving plans. True/false

30. The most important stage of financial planning is when an individual defines his/her financial goals. True/false

31. Being consciousness is a key component in career planning as our interests keeps evolving over time. True/false

32. Adding a resume to a job application is a must . True/false

33. A financially literate individual will definitely attain financial success. True/false

34. In personal finance, we do not have deadlines on our finances and that accounts for some common money mistakes we make True/false

35. The desired phase of the economy is the trough because it possesses the capacity for investment. True/false

36. When families manage their financial resources well, they can survive every shock in the economy. True/false
37. Putting in place and ensuring that financial goals are achieved constitutes financial management. True/false

38. The most unfortunate financial problems we face in life are mostly caused by non-our financial behaviors. True/false

39. The interest we earn, the amount we have in our account or at hand and the period of time are all variables that could determine the Time Value of our money True/false

40. Time Value of Money records that monies received yesterday are not the same as those received today or tomorrow True/false

SECTION D: STATE WHETHER THE FOLLOWING STATEMENTS ARE TRUE OR FALSE

28. By saving and investing, an individual would be able to have a financially responsible life True/False

29. Budgeting answers expenditure and saving plans. True/false

30. The most important stage of financial planning is when an individual defines his/her financial goals. True/false

31. Being consciousness is a key component in career planning as our interests keeps evolving over time. True/false

32. Adding a resume to a job application is a must . True/false

33. A financially literate individual will definitely attain financial success. True/false

34. In personal finance, we do not have deadlines on our finances and that accounts for some common money mistakes we make True/false

35. The desired phase of the economy is the trough because it possesses the capacity for investment. True/false

36. When families manage their financial resources well, they can survive every shock in the economy. True/false
37. Putting in place and ensuring that financial goals are achieved constitutes financial management. True/false