ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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short-term, medium-term, and long-term goals
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short-term, saving, and open-ended goals
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sharing, spending, and saving goals
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sharing, open-ended, and spending goals
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Detailed explanation-1: -Written by Mike Schultz. In our Goal Setting Worksheet, we outline a 5-step process that not only helps you set goals, but also gives you the best chance to reach them.
Detailed explanation-2: -Specific The goal should identify a specific action or event that will take place. Measurable The goal and its benefits should be quantifiable. Achievable The goal should be attainable given available resources. Realistic The goal should require you to stretch some, but allow the likelihood of success. More items
Detailed explanation-3: -Step 1: Write down your goals. Does it seem like an unnecessary step? Step 2: Apply SMART. Step 3: Identify the obstacles. Step 4: Create an action plan. Step 5: Continue to monitor your progress. 05-Jan-2023
Detailed explanation-4: -Think about the results you want to see. Before making a goal, take a closer look at what you’re trying to achieve and ask yourself the following questions: Create SMART goals. Write your goals down. Create an action plan. Create a timeline. Take action. Re-evaluate and assess your progress.