BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Medical expenses.
|
|
Long-term goal
|
|
|
Short-term goal
|
Explanation:
Detailed explanation-1: -Some examples of long-term financial goals may include: Saving for a down payment on a house. Funding your retirement. Paying off large debts (e.g., credit cards, student loans, mortgage, etc.)
Detailed explanation-2: -Retirement fund. Paying off a mortgage. Starting a business. Saving for a child’s college tuition.
Detailed explanation-3: -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.
There is 1 question to complete.