Title: Explain the importance of financial planning.
Course: Army JROTC III (09053-36)

Explanation should include

- determining personal financial goals
- identifying the purpose of a budget
- describing reasons for saving and investing.

Process/Skill Questions:

- What resources does one have for financial objectives?
- What are the components of a simple budget?
- How does time, money, and rate of interest relate to meeting specific financial goals?
- What are some savings and investment options?