Quiz 1: Understanding the Financial Planning Process
Long-Term Goals Are Typically for Periods of Over 6 Years.
Long-term goals are typically for periods of over 6 years.
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Saving $3,000 for a large,flat-screen TV within the next 3 years is an example of a short-term goal.
Short-term goals include things one wants to achieve in a year or less.
Debt is another word for liability.
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