Fina605 Personal Finance|Positive Lessons Assessment Answer
i. Who has most influenced your financial personality? Discuss the lessons that they imparted to you, both the positive and negative lessons. Give examples. ii. Discuss whether you are a spender or a saver, how much attention you give your finances, and do you consider yourself to be a risk avoider or risk taker? iii. What was your last major purchase? Answer the following questions in reference to this purchase: • Describe the process you went through in making this purchase. • Was this a planned purchase or an impulse purchase? Identify if this purchase was for a need or a want? • Did you do a lot of investigation before you made the purchase? • Did you consider the impact that the purchase would have on your financial situation?
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