H.67 Sources of money conflict Flashcards
(20 cards)
Which of the following is NOT a common source of money conflict?
A) Inheritance
B) Gambling
C) Job Promotion
D) Debt
Job promotion
Explanation: While job promotions can lead to changes in income and potential conflicts related to unequal pay, it is not typically considered a direct source of money conflict.
H.67 Sources of money conflict
Which of the following is an example of a structural source of money conflict?
A) Different spending habits
B) One partner earning significantly more than the other
C) Disagreement over financial goals
D) Different attitudes towards money
One partner earning significantly more than the other
Explanation: This is a structural source of conflict because it is an inherent difference in the financial resources available to each partner.
H.67 Sources of money conflict
Which of the following is a common behavioral source of money conflict?
A) Inheritance
B) Job loss
C) Impulse buying
D) Medical expenses
Impulse buying
Explanation: Behavioral sources of money conflict are related to individual attitudes and behaviors towards money, such as impulse buying or overspending.
H.67 Sources of money conflict
Which of the following is NOT a common emotional source of money conflict?
A) Fear
B) Anger
C) Envy
D) Confusion
Confusion
Explanation: While confusion may be present in money conflicts, it is not typically considered a direct emotional source of conflict.
H.67 Sources of money conflict
What is an example of a situational source of money conflict?
A) One partner being a saver and the other being a spender
B) One partner losing their job
C) Disagreement over financial goals
D) Disagreement over how to allocate resources
One partner losing their job
Explanation: Situational sources of money conflict are related to external circumstances, such as job loss or unexpected expenses.
H.67 Sources of money conflict
Sarah and Michael have been married for five years. Sarah comes from a wealthy family and has never had to worry about money. Michael grew up in a lower-income household and has had to work hard to make ends meet. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Structural
Explanation: Sarah and Michael have inherent differences in their financial resources, which can create tension and conflict.
H.67 Sources of money conflict
John and Maria are newlyweds who have different spending habits. John is a saver and prefers to budget his money, while Maria enjoys spending and often makes impulse purchases. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: John and Maria’s different attitudes and behaviors towards money can create tension and conflict.
H.67 Sources of money conflict
Tom and Jessica are a married couple with three children. Tom recently lost his job and is struggling to find employment. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Situational
Explanation: Tom’s job loss is an external circumstance that can create tension and conflict in the relationship.
H.67 Sources of money conflict
Mark and Rachel are engaged and have different financial goals. Mark wants to save up for a down payment on a house, while Rachel wants to travel the world. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Emotional
Explanation: Mark and Rachel’s different financial goals can create tension and conflict based on their emotional attachment to those goals.
H.67 Sources of money conflict
Jason and Lisa are a married couple who have different attitudes towards debt. Jason believes in paying off debt as soon as possible, while Lisa is more comfortable carrying debt and paying it off over time. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: Jason and Lisa’s different attitudes towards debt can create tension and conflict based on their individual behaviors and approaches to managing money.
H.67 Sources of money conflict
Sarah and David are a married couple with two children. Sarah inherited a large sum of money from her grandmother and wants to use it to pay off their mortgage. David is hesitant and wants to invest the money in the stock market. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Emotional
Explanation: Sarah and David’s different financial goals and priorities can create tension and conflict based on their emotional attachment to those goals.
H.67 Sources of money conflict
Alex and Jane are engaged and have different spending habits. Alex enjoys spending money on hobbies and entertainment, while Jane prefers to save her money for big purchases. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: Alex and Jane’s different attitudes and behaviors towards money can create tension and conflict.
H.67 Sources of money conflict
Tom and Sarah have been married for ten years and have always split their expenses evenly. Tom recently got a job promotion and is now earning significantly more than Sarah. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Structural
Explanation: Tom and Sarah’s income disparity is an inherent difference in their financial resources, which can create tension and conflict.
H.67 Sources of money conflict
John and Karen are a married couple with one child. Karen has significant student loan debt and wants to prioritize paying it off, while John wants to save for retirement. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Emotional
Explanation: John and Karen’s different financial goals and priorities can create tension and conflict based on their emotional attachment to those goals.
H.67 Sources of money conflict
Brian and Maria are a married couple with different attitudes towards money. Brian is a risk-taker and enjoys investing in the stock market, while Maria prefers to keep her money in a savings account. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: Brian and Maria’s different attitudes and behaviors towards money can create tension and conflict.
H.67 Sources of money conflict
Michael and Julia are a married couple with two children. Michael wants to save money for a vacation, while Julia wants to use the money to pay off debt. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Emotional
Explanation: Michael and Julia’s different financial goals and priorities can create tension and conflict based on their emotional attachment to those goals.
H.67 Sources of money conflict
Paul and Lisa are a married couple with different levels of risk tolerance. Paul wants to invest their money in high-risk, high-return stocks, while Lisa prefers safer investments. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: Paul and Lisa’s different attitudes and behaviors towards money can create tension and conflict.
H.67 Sources of money conflict
Rachel and Tom are a married couple with different views on debt. Rachel believes that all debt is bad and wants to pay off their mortgage as soon as possible, while Tom thinks that debt can be useful and wants to invest their money instead. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Structural
Explanation: Rachel and Tom’s different attitudes towards debt are an inherent difference in their financial values, which can create tension and conflict.
H.67 Sources of money conflict
Elizabeth and Matthew are a married couple with different spending habits. Elizabeth likes to splurge on luxury items, while Matthew is more frugal and prefers to save his money. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Behavioral
Explanation: Elizabeth and Matthew’s different attitudes and behaviors towards money can create tension and conflict.
H.67 Sources of money conflict
Steve and Emily are a married couple with two children. Steve wants to invest their money in real estate, while Emily wants to start a business. What type of source of money conflict might arise in their relationship?
A) Structural
B) Behavioral
C) Emotional
D) Situational
Situational
Explanation: Steve and Emily’s different financial goals and priorities are situational and can create tension and conflict based on their specific circumstances.
H.67 Sources of money conflict
