ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Long-Term Goals
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Short-Term Goals
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Long-Term Goats
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Long-Term Golfs
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Detailed explanation-1: -Break your long-term goals into short-term goals To set short-term goals, write down all the tasks you need to accomplish in order to reach your long-term goal. Think of them as dependencies-hitting these goals unblocks your ultimate, long-term goal. Then, turn each of those dependencies into its own SMART goal.
Detailed explanation-2: -What is long-term planning? Long-term planning involves goals that take a longer time to reach and require more steps; they usually take a minimum of a year or two to complete. They aim to permanently resolve issues and reach and maintain success over a continued period.
Detailed explanation-3: -Goals that take a long time to achieve are called long-term goals.
Detailed explanation-4: -Take time to visualize. Set aside time to visualize your goals. Ensure your goals are SMART. Setting SMART goals gives you a framework for developing an action plan to achieve your goals. Make a list of possible challenges. Share your long-term goals with others. 08-Aug-2022