Utility refers to:
A) the satisfaction you receive from purchasing something.
B) how much money you receive during the year.
C) the total of your spending for the year.
D) the value of your investments at any given time.
E) none of these
The main reason to do personal financial planning is to:
A) minimize overall costs.
B) minimize overall utility.
C) assign monetary value to consumption.
D) maximize overall utility.
E) stabilize overall utility.
The most important financial planning for young people concerns:
Martha is 80 and has a very high net worth.Her most important financial concern is probably her:
B) employee benefits.