Final answer:
Short-term goals are achievable in a shorter timeframe and aid in reaching long-term goals. Saving for college would be an example of a short-term goal compared to saving for retirement or a house.
Explanation:
Short-term goals are action steps that help you work towards your long-term goals in a shorter timeframe. An example of a short-term goal is saving for college, as it is achievable within a few years compared to long-term goals like retirement or buying a house.
Learn more about Short-term goals and long-term planning here:
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