BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An example of a long term goal is:
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Saving for 2 months for an $80 outfit
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Saving for 5 years for a $3000 dream vacation to Italy
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Saving for 10 months for a $500 iPad
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Explanation:
Detailed explanation-1: -Any goal within a five-year window is considered short term; anything longer is (you guessed it) long term. Some short-term goal examples include buying a new car or paying down student loans, while long-term goals may be things like saving for retirement, paying for your kids’ education, or buying a vacation home.
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