ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When writing an intermediate goal, you are looking at a time frame that is ____
A
3 months or less
B
3 months
C
3-12 months
D
more than 12 months
Explanation: 

Detailed explanation-1: -Intermediate goals: These are goals that you can accomplish in one to five years. They take more planning and most likely will take quite a bit of saving. They might include continuing your education, buying a car or purchasing a home. Long-term goals: These are goals that will take more than five years to accomplish.

Detailed explanation-2: -Long-term goals usually take 12 months or more to achieve. Here are examples of goals that can take several years to achieve: Graduate from college. Save for retirement.

Detailed explanation-3: -Become a better spouse or parent. Complete your first marathon. Create and commit to a fitness routine. Learn a foreign language. Cut junk food out of your diet. Start volunteering regularly. Increase your emotional intelligence. Earn a college degree. More items

Detailed explanation-4: -Establish a long-term goal and why you want to achieve it. Break your long-term goal down into sections that cover three to five years. Decide what you need to do to complete your first intermediate goal and start doing it. More items •19-Jul-2021

There is 1 question to complete.