A1 functions and role of money

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Functions
Unit of account, Medium of exchange, Store of value, Legal Tender
1 of 5
Factors
Life stages Upbringing, Personal Life events, Global economy, Personal Economy
2 of 5
Life stages
Childhood- money spent quickly Adolescence- more access to money, begin saving Adulthood- paying for children, and house Old Age- downsizing, relying on state funding
3 of 5
A1
Planning Personal Finance, Factors, Functions
4 of 5
Planning Personal Finance
Avoid bankruptcy, Avoid bad credit, Avoid legal action, Remain solvent
5 of 5

Other cards in this set

Card 2

Front

Factors

Back

Life stages Upbringing, Personal Life events, Global economy, Personal Economy

Card 3

Front

Life stages

Back

Preview of the front of card 3

Card 4

Front

A1

Back

Preview of the front of card 4

Card 5

Front

Planning Personal Finance

Back

Preview of the front of card 5

Comments

Rita A. Bartell

Report

Financial management is still a real problem today. It's very easy to end up at the bottom if you have poor management. But most people don't really care about it and don't even know that it's a concept you need to know to be rich. I play a lot of gambling. In this field, knowing how to manage is important. You can make bets within the norms without being affected if you don't win. For those who also want to get into gambling at casino Portugal online, you can search gamblingorb-pt. There you will find everything you need to make a lot of money legally.

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