UGBA 135 Final from class 7 on
Jenny Olson argues that savers are more desirable romantic partners because they are perceived: -
correct answer To have more self-control.
Savers tend to be preferred for shorter-term relationships. - correct answer False
In general, buying durable items such expensive cars and nice clothes makes people happier than
spending equivalent amounts on activities. - correct answer False
The authors of the book Happy Money recommend spending spontaneously even if that leads to a credit
card balance. - correct answer False
One of the five suggestions from the book Happy Money is to spend money on others. - correct answer
True
Everyone with a job and a retirement plan should hire a personal financial advisor. - correct answer True
Common ways for financial advisors to be compensated are (choose all correct answers):
Group of answer choices - correct answer Commissions, An annual percentage, By the hour or a flat fee
for specific services
Typical annual financial advisor fees when charged as a percentage of assets under management often
exceed what you can earn today in a savings account.
Group of answer choices - correct answer True
As discussed in the video "Questions to Ask Financial Advisors," the most important question to ask a
financial advisor is? - correct answer Are you a fiduciary?
Jenny Olson argues that savers are more desirable romantic partners because they are perceived: -
correct answer To have more self-control.
Savers tend to be preferred for shorter-term relationships. - correct answer False
In general, buying durable items such expensive cars and nice clothes makes people happier than
spending equivalent amounts on activities. - correct answer False
The authors of the book Happy Money recommend spending spontaneously even if that leads to a credit
card balance. - correct answer False
One of the five suggestions from the book Happy Money is to spend money on others. - correct answer
True
Everyone with a job and a retirement plan should hire a personal financial advisor. - correct answer True
Common ways for financial advisors to be compensated are (choose all correct answers):
Group of answer choices - correct answer Commissions, An annual percentage, By the hour or a flat fee
for specific services
Typical annual financial advisor fees when charged as a percentage of assets under management often
exceed what you can earn today in a savings account.
Group of answer choices - correct answer True
As discussed in the video "Questions to Ask Financial Advisors," the most important question to ask a
financial advisor is? - correct answer Are you a fiduciary?
