Question

Of the following life goals, which is typically the most expensive?

Question 1 options:

paying for college tuition


raising a child


owning your own home


saving for retirement

Question 2 (1 point)
Which would be considered an unanticipated life expense?

Question 2 options:

furthering education


childcare


managing a long-term illness


leasing a vehicle

Question 3 (1 point)
Which might be found at the U.S. Department of Labor website?

Question 3 options:

information about car insurance


facts about mortgages


career resources


federal guidelines for healthcare

Question 4 (1 point)
Which of these is a true statement?

Question 4 options:

Planning for long-term goals is not as important as determining daily expenses.


Personal ambitions and goals need to align with the financial prospects of a chosen career.


Financial security is always more important than career interest and satisfaction.


Daily living expenses must be met before you can plan long-term goals.

Answers

Answered by GPT-4o mini
Here are the answers to your questions based on common financial knowledge:

**Question 1: Of the following life goals, which is typically the most expensive?**
- **Answer: raising a child**

Raising a child generally involves long-term expenses such as food, clothing, healthcare, education, and various activities, which can add up significantly over time compared to college tuition, owning a home, or saving for retirement.

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**Question 2: Which would be considered an unanticipated life expense?**
- **Answer: managing a long-term illness**

A long-term illness is typically unanticipated and can lead to significant medical expenses that weren't planned for.

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**Question 3: Which might be found at the U.S. Department of Labor website?**
- **Answer: career resources**

The U.S. Department of Labor provides various resources related to careers, including job search tools, labor statistics, and information on career development.

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**Question 4: Which of these is a true statement?**
- **Answer: Personal ambitions and goals need to align with the financial prospects of a chosen career.**

This statement is true because aligning personal goals with the financial realities of a chosen career can help ensure both satisfaction and economic viability.

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Feel free to ask if you have more questions or need further assistance!

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