Question

what is the most likely reason that lottery winners often end up with serious financial problems? they make financial decisions that are not based on their emotions. they become victims of fraud by those looking to take advantage of the wealthy. they think over their financial decisions too thoroughly. they weigh their long - and short - term financial goals before making any decisions. question 11 1 pts there are two means for achieving financial goals—you either need to increase your savings or reduce your spending. true false question 12 1 pts when making a financial decision, what should be left out of the process whenever possible? emotion shared decision - making financial plans possible risks

Explanation:

• For the first question, lottery - winners often become victims of fraud as scammers target the newly wealthy. Rational financial decisions (not based on emotions, thorough thinking, weighing goals) would not lead to serious financial problems.
• For the second question, increasing savings or reducing spending are two common ways to achieve financial goals.
• For the third question, emotions can cloud judgment in financial decision - making, while shared decision - making, financial plans, and considering risks are important.

Answer:

• Question 1: They become victims of fraud by those looking to take advantage of the wealthy.
• Question 11: True
• Question 12: emotion