A short-term financial goal is expected to be accomplished in less than 2 years.

A short-term financial goal is expected to be accomplished in less than 2 years. A long-term financial goal is expected to take more than five years to achieve. Provide an example of a short- term financial goal and a long-term financial goal.

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Expert Solution

1. Examples of short term financial goals are-Payment towards rent, Credit card repayments, Payment towards student loans.

2. Examples of long term financial goals are-

Starting a business, Retirement fund, financial independence

jeff jeffy answered 1 year ago

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