When setting financial goals,one should typically start by setting:
A)short-term goals.
B)intermediate goals.
C)long-term goals.
D)goals that are not time-bound.
E)goals that are unrealistic.

Question

Quizplus · Accepted Answer

When setting financial goals, it is advisable to start by setting long-term goals. These goals will help to shape the individual's overarching financial plans and can provide direction and purpose towards achieving them. Short-term goals and intermediate goals can then be set within the context of these long-term goals. Goals that are not time-bound or unrealistic are not helpful in creating a practical and achievable financial plan.

When Setting Financial Goals,one Should Typically Start by Setting