Kaylee will save her allowance of $25 per month to purchase a $150 mp3 player in six months. This is an example of what type of goal?

One element of a financial goal is missing in the example below. Which one is it? I will save $150 each month to go on a vacation in one year.

Mark and Susan, a recently married couple with full-time jobs, set a goal of putting $200 in savings each month to make a down payment on a home in five year. What type of goal have they set?

Amber's academic advisor asked her to set 3 academic goals for this semester. These goals are MOST LIKELY tobe accomplished if:

Specific objectives that are accomplished through financial planning

Managing money continuously through life in order to reach your financial goals

Something a person intends to acquire, achieve, or accomplish in the future

A goal that will be attained in more than one year

The value of the next best alternative that must be forgone as a result of a decision

Giving up one thing for another

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