1.A(n) _______ is a personal financial plan that allows you to take control of future spending.

expense tracker

budget

revenue sheet

debt manager

2. Life Insurance offers pure insurance protection for a given period of time.

Managed premium

Term

Equity-based

Temporary

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3.

Investing in a home is generally considered a:

luxury that should be postponed as long as possible.

wise investment.

good decision, but only if you've saved enough to pay in full with cash.

poor choice when compared to renting.

4.

The tax-deferred investment plan that allows employees to save part of their income for retirement is called a(n):

Keogh plan

60/40 plan.

individual retirement account (IRA)

704(i) plan.