ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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long-term
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varied
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achievable
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demanding
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Detailed explanation-1: -Make sure your goals are specific, measurable, attainable, realistic, and timebound. “Give yourself goals to reach for each stage of your life-20s, 30s, 40s, 50s, 60s, retirement. Our needs change over time, and we must take note of them at regular intervals to make sure we are on the right path, ” says Edna.
Detailed explanation-2: -Pay Off Debt Paying off debts is one of the most common financial goals. No one feels comfortable knowing that they owe large sums of money. And because the amount you owe is already a specific number, paying off debt can easily be translated into a financial goal.
Detailed explanation-3: -Create a budget. Save for retirement and other long-term plans. Save for short-term and mid-term plans. Pay off debt.
Detailed explanation-4: -Make your goal specific. Make your goal measurable. Give yourself a deadline. Make sure they’re your own goals. Write your goal down. Create and stick to a budget. Build up an emergency fund. Get out of debt. More items •22-Dec-2022