ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Long-term goals are usually completed in 3 to 5 years, or longer. This is not a set practice, simply a common guideline that makes sense when laying out your plans. Many people plan even longer milestones spanning 10, 20, or even 50 years.
Detailed explanation-2: -What are Long term Goals? A long term goal is great that you want to do in the future. It is way important for a candidate for a successive growth in their career. Long term goals help you to think about your education you want to pursue and move ahead with the particular career option.
Detailed explanation-3: -Long-term goals are any goals you create that you will not (or cannot) accomplish until some time in the future. While there’s no specific definition of what “long-term” really means in the case of long-term goals, the standard definition for this is sometime within the next 5 to 10 years.
Detailed explanation-4: -Visualize your ideal future. Before you create your goals, you have to decide what you want to achieve. Write SMART goals. Prioritize your goals. Break your long-term goals into short-term goals. Make a plan to track your progress. Be flexible. 27-Oct-2022