1.03 Setting Financial Goals
Quiz by Eric Boyd
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4 questions
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- Q1One 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.”AttainableSpecificMeasurableTime Bound30s
- Q2Kaylee 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?Mid-term goalLong-term goalShort-term goalThis is not an example of a goal30s
- Q3Amber’s academic adviser has asked her to set 3 academic goals for this semester. These goals are MOST LIKELY to be accomplished if:Amber writes her goals down.Amber lets her friends set her goals.Amber thinks about her goals weekly.Amber discusses her goals with her parents30s
- Q4Mark and Susan, a recently married couple with full-time jobs, set a goal of putting $200 in savings every month to make a down payment on a home in five years. What type of goal have they set?UnrealisticShort-termLong-termIntermediate30s